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Ballarpur Industries gets nod to raise Rs 120 crore on private placement basis

26 Oct 2024 Evaluate

Ballarpur Industries has received approval for issuance of Non-cumulative Non-Convertible redeemable preference shares on private placement basis for an aggregate amount not exceeding around Rs 120 crore in one or more tranches on private placement basis. The proceeds of the issue will be utilized towards redemption of existing Redeemable Preference Shares of the Company. The Board of Directors of the Company at their meeting held on October 25, 2024, inter-alia, has approved the same. 

Ballarpur Industries manufactures wide range of papers such as coated wood free, uncoated wood free, copy paper, packaging, business stationery, industrial grades and speciality and fine paper. 


Ballarpur Inds. Share Price

0.89 0.00 (0.00%)
22-Jun-2023 18:01 View Price Chart
Peers
Company Name CMP
JK Paper 366.35
TN Newsprints 137.55
West Coast Paper 460.40
Emami Paper Mills 72.00
Seshasayee Paper 263.55
View more..

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