STOCKWATCH
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Specialty Chemicals
Investment17 Feb 2024, 01:37 am

Fineotex Chemical Limited to Raise Funds through Preferential Issuance of Shares

AI Summary

The Board of Directors of Fineotex Chemical Limited has approved the issue of up to 42,00,600 share warrants and 39,02,000 equity shares to certain investors on preferential basis, subject to regulatory and statutory approvals. The company has fixed March 02, 2024 as the cut-off date for determining eligibility of members entitled to vote by remote e-voting.,

Key Highlights

  • Raising of funds through preferential issuance of shares
  • Issuance of up to 42,00,600 share warrants and 39,02,000 equity shares
  • Subject to regulatory and statutory approvals
  • Cut-off date for remote e-voting set at March 02, 2024
FCL
Specialty Chemicals
FINEOTEX CHEMICAL LTD.

Price Impact