Laxmi Organic Industries raises Rs 2.59bn in equity share placement

Laxmi Organic Industries raises Rs 2.59bn in equity share placement

Laxmi Organic Industries Limited, a leading chemical manufacturer, has successfully concluded its Qualified Institutions Placement (QIP) Issue. The company’s Fund Raising Committee of Directors announced that they have approved the allotment of 9,625,579 Equity Shares to eligible qualified institutional buyers. Each share was priced at ₹269.20, reflecting a premium of ₹267.20 per Equity Share, which […]