Supertex Industries to raise funds for expansion, acquisition

05 Sep 2013

Supertex Industries has received an approval for raising funds for expansion/acquisition by way of a preferential issue, to various allottees, subject to approval of the shareholders, the pricing and other formalities would be as per BSE and SEBI (ICDR) regulations and their approval. The board of director at its meeting held on August 31, 2013 has approved for the same.

Supertex Industries has made its mark as a leading manufacturer in India of cots & aprons for the textile spinning industry. At every stage of manufacturing, control tests are performed by using modern instruments and test methods.

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4.32 -0.20 (-4.42%) Apr 12, 18:01
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SEBI Registered: Investment Adviser - INA000013323