Fundraise / allotmentFiled on BSE ·
Kiri Industries submits detailed utilisation plan for 60,82,600 convertible warrants issue
Kiri Industries Ltd · Chemicals & Petrochemicals
What the filing says
- Total proceeds to be utilised within 24 months from receipt of funds
- ₹50 crore for working capital including operations and administrative expenses
- ₹218.92 crore to provide financial assistance for capital expenditure to group companies: Indo Asia Copper Ltd (₹90 crore), Indoasia Agrotech Fertilizers Ltd (₹90 crore), Kiri Infrastructure Pvt Ltd (₹38.92 crore)
Original filing
Intimation Of Detailed Object Of The Issue Of 60,82,600 Convertible Warrants On Preferential Basis Pursuant To Regulation 30 Of The SEBI (LODR) Regulations, 2015
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More from Kiri Industries Ltd
- Acquisition / mergerNotableKiri Industries' subsidiary acquires 40% stake in Makilala Mining Company in Philippines
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Summary written by Arthneeti from the company's filing with the stock exchange; check the original filing for full details. Arthneeti is a research and analytics platform, not a SEBI-registered investment adviser, and nothing here is a recommendation to buy or sell.