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Ajooni Biotech Standalone March 2024 Net Sales at Rs 19 58 crore, down 52 54% Y-o-Y

Ajooni Biotech Standalone March 2024 Net Sales at Rs 19 58 crore, down 52 54% Y-o-Y
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Ajooni Biotech Launches Rs 43 81 Crore Rights Issue for Expansion

Ajooni Biotech has opened its Rs 43.81 crore rights issue, offering 8.76 crore equity shares at Rs 5 each. Funds will be used for land acquisition, site development, and machinery purchase. The issue closes on May 31 with a rights entitlement ratio of 1:1.

Ajooni Biotech offers rights issue to raise Rs 44 crore

Funds raised through the issue will be utilised to finance expenditure towards acquisition of land, site development and civil work, to acquire plant and machinery, part finance working capital requirement and corporate purposes, the company said.

Ajooni Biotech Ltd s Rs 43 81 crores Rights opens on May 21, 2024

PNN Ahmedabad Gujarat [India] May 20 Ajooni Biotech Ltd NSE - AJOONI - leading and a PURE VEG animal health care solutions company is schedule to open its Rs 4381 crore rights issue on May 21 2024 The funds raised through the issue will be utilised to finance expenditure towards acquisition of Land site development and civil work to acquire the plant machinery part finance the working capital requirement and corporate purposes Right issue of the company are offered at a price of Rs 5 per share - over 20 per cent discount to closing share price of Rs 65 per share on 18 May 2024 Rights Issue closes on 31st May 2024 Company promoter group is also participating in the rights issue Highlights The company will issue 876 crore fully-paid equity shares at an issue price of Rs 5 per share Shares in Rights issue priced at Rs 5 per share - over 20 per cent discount to closing share price on 18 May 2024 Rights Issue will close on May 31 2024 Right Issue funds will be utilised to meet the wor

Ajooni Biotech Ltd s Rs 43 81 crores Rights opens on May 21, 2024

Ajooni Biotech Ltd s Rs 43 81 crores Rights opens on May 21, 2024
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