Comments
SOM Distilleries and Breweries Limited’s shares were up by 3.82 per cent after the company secured approval for distributing its beer brands in Chhattisgarh. SOM Distilleries & Breweries is optimistic about establishing a substantial presence in Chhattisgarh in the medium term.
The company has recently allocated 2,50,000 Equity Shares through a preferential and private placement route to an identified Non-Promoter Entity. They introduced 51,50,000 Convertible Equity Warrants, available on a preferential basis, to both Promoters and Promoters Group, as well as Public Investors.
The shares were up by 3.82 per cent to ₹323 at 11.18 am on the 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.