Comments
Somany Ceramics has raised Rs 120 crore through Qualified Institutional Placement (QIP) route.
“The company...approved the issue and allotment of 35,34,600 equity shares of face value Rs 2 each to Qualified Institutional Buyers (QIB) at the issue price of Rs 339.5 per equity share, amount aggregating to Rs 120 crore”, Somany Ceramics said in a BSE filing.
Shares of Somany Ceramics were trading at Rs 378 apiece, up 1.23 per cent, from their previous close on BSE.
Comments
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.