Zenith Steel Pipes & Industries Limited (BSE:531845) announced a private placement of 11,000,000 equity shares at a price of INR 10 per shares for total gross proceeds of approximately INR 110,000,000 on October 23, 2020. The transaction included participation from Birla Precision Technologies Limited (BSE:522105) for 7,000,000 shares and Birla Edutech Ltd for 4,000,000 shares. The transaction was approved by the board of directors of the company.
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7.8 INR | -0.13% | +0.39% | -1.89% |
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-1.89% | 13.3M | |
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+29.42% | 8.81B | |
+39.36% | 8.02B | |
-10.07% | 7.6B |
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- News Zenith Steel Pipes & Industries Limited
- Zenith Steel Pipes & Industries Limited announced that it has received INR 110 million in funding from Birla Precision Technologies Limited, Birla Edutech Ltd