Jagran Prakashan raises Rs.150 crore

The Board of Directors of Jagran Prakashan Ltd at its meeting held on December 01, 2012 has approved issue of Secured Non-Convertible Debentures upto an aggregate value of Rs. 150 crores (rated by CRISIL as "AA+/Stable") to augment its long term resources and retire its high interest bearing short-term debt.

The Jagran Prakashan Ltd stock was trading at Rs.103.05, up by Rs.1.10 or 1.08%. The stock hit an intraday high of Rs.107.95 and low of Rs.101.70.

The total traded quantity was 9826 compared to 2 week average of 2290.

Source : Equity Bulls

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