Dhampur Sugar Mills Ltd to raise Rs. 200 crores

The Board of Directors of Dhampur Sugar Mills Ltd at its meeting held on April 14, 2016, has considered and approved the proposal for raising of capital up to Rs. 200 Crores under applicable provisions of section 42 and 62 of the Companies Act, 2013, SEBI (ICDR) Regulations, 2009 and subject to approval of shareholders and other competent authorities as may be required.

The Board approved convening of Extra Ordinary General Meeting of the Company to be held on May 23, 2016 for taking shareholders approval for aforesaid purpose.

Shares of DHAMPUR SUGAR MILLS LTD. was last trading in BSE at Rs.87.6 as compared to the previous close of Rs. 87.2. The total number of shares traded during the day was 145383 in over 1552 trades.

The stock hit an intraday high of Rs. 89.6 and intraday low of 87.25. The net turnover during the day was Rs. 12843637.

Source : Equity Bulls

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