Anant Raj Industries raises US$ 151 Million through GDRs

Anant Raj Industries Ltd has announced that the Company has received commitments for US$ 151 Million through a GDR issue. Each GDR represents one underlying share in the Company. Each GDR is priced at US$ 7.494.

The GDRs will he listed on the Luxembourg Stock Exchange and traded on the Euro MTF market.

The stock was trading at Rs.323.15, down by Rs.4.15 or 1.27%. The stock hit an intraday high of Rs.326 and low of Rs.320.

The total traded quantity was 1694 compared to 2 week average of 61607.

Source : Equity Bulls

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