Get latest articles and stories on Business at LatestLY. Technology company, Varanium Cloud Ltd primarily focused on providing services surrounding the digital audio, video, and financial blockchain (for PayFac) based streaming services is scheduled to open its Rs 36.6 crore public issue for subscription on September 16. The company has received approval to launch its public issue on SME Emerge Platform of National Stock Exchange. Proceeds of the public issue will be utilised to fund company s expansion plans including setting up Containerized Edge Data Centres, Rollout of three Edmission flagship Digital Learning Centres; and General Corporate Purpose. First Overseas Capital Ltd is the lead manager of the issue. Public issue will close on September 20. Business News | Varanium Cloud Ltd s Rs 36.60 Crore Public Issue on NSE EMERGE Platform Opens for Subscription on September 16.
Mumbai (Maharashtra) [India], April 18 (ANI/PNN): Mitsu Chem Plast Ltd (Mitsu) (BSE:540078), one of the largest manufacturers of Blow Moulding, Injection Moulding, and Customized Moulding has announced that it has become the winner of the 2022 season of the India SME 100 Awards 2022 organized by the Ministry of MSME.
Gogri family acquires 3% stake in Mitsu Chem Plast
April 13, 2021
Original promoters too hiked stake by 4.72% in last quarter
Aarti Industries’ and Valiant Organics’ promoters Gogri family has bought nearly three per cent stake in Mitsu Chem Plast during the last quarter.
According to a BSE filing, Jaya Chandrakant Gogri, wife of Chandrakant Gogri and also one of the promoters of Aarti Industries, has acquired a 2.91 per cent stake in the firm, which comprises about 3,51,200 shares. The stock was trading between ₹100 and ₹120 in the last quarter, which indicates that the size of investment could be about ₹4 crore.
Promoters hike stake
During the last quarter, Mitsu Chem Plast promoters have also bought close to 4.72 per cent stake in the company from the open market, taking the promoters’ holding to 71.03 per cent. While 17 high net worth individuals hold 15.08 per cent stake, small retail investors own just 3.39 per cent in the firm.