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Honeycomb Core Materials Market Size, Trend, End-Use Industry, Regional Demand, Forecasts

Honeycomb Core Materials Market Size, Trend, End-Use Industry, Regional Demand, Forecasts | $4.6 billion by 2030

United statesHong kongUnited kingdomDavid correaPawan kumarAxxion groupHexcel corporationBusiness intelligence solutionsCorinth groupPackaging corporation of americaArgosy internationalAerospace defenseMarket researchResearch newswireSee campaignCore materials market

Honeycomb Core Materials Market Size, Trend, End-Use Industry, Regional Demand, Forecasts

Honeycomb Core Materials Market Size, Trend, End-Use Industry, Regional Demand, Forecasts | $4.6 billion by 2030

United statesHong kongUnited kingdomDavid correaPawan kumarAxxion groupHexcel corporationBusiness intelligence solutionsCorinth groupPackaging corporation of americaArgosy internationalAerospace defenseMarket researchResearch newswireSee campaignCore materials market

Composites Honeycomb Core Materials Market Size, Scope, Forecast to 2029 | Key Players – Honicel, Hexcel Corporation, Euro-Composites (Luxembourg), Argosy International, Grigeo (Lithuania), Plascore, Tubus Baer GmbH, Corinth Group, Axxion Group, Ten Cate – Industrial IT

Composites Honeycomb Core Materials Market Size, Scope, Forecast to 2029 | Key Players – Honicel, Hexcel Corporation, Euro-Composites (Luxembourg), Argosy International, Grigeo (Lithuania), Plascore, Tubus Baer GmbH, Corinth Group, Axxion Group, Ten Cate – Industrial IT
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Morepen to receive Rs 433 crore from Corinth and Promoters

Morepen Laboratories yesterday approved incoming investment of Rs. 433 crore in the Extra-Ordinary General Meeting (EGM) of the company. The members approved the issue and allotment of 58.50 million equity shares for cash to Corinth Investment Holdings AG, Switzerland (www.corinthinvest.com) at Rs.41.60 per share aggregating to RS. 243.36 crore. Shareholders also approved 50 million fully convertible warrants a promoter group company Liquid Holdings at Rs.38 per warrant/ share aggregating up to Rs. 190 crore for cash to be converted into equity within 18 months. This is a milestone for the Company as this approval paves the way to drive exponential growth and create value for all stakeholders. This EGM was the next step for inclusion of Corinth Group, a global private investment Group, headquartered in Switzerland, which announced and extended USD 32.50 million in Morepen Laboratories, out of a total USD 100 million investment in the promoter group.

Holdings at rsCorinth groupCorinth investment holdingsMorepen laboratoriesExtraordinary general meetingLiquid holdingsCapital marketகொரிந்து குழுமேலும் ஆய்வகங்கள்அசாதாரண ஜநரல் சந்தித்தல்மூலதனம் சந்தை

Morepen EGM approves Rs 433 cr incoming investment from Corinth and promoters

New Delhi: Morepen Laboratories Limited (NSE: MOREPENLAB, BSE: 500288), a leading manufacturer of high-quality APIs, Home Diagnostics, Formulations and OTC products, yesterday approved incoming investment of Rs. 433 crore in the Extra-Ordinary General Meeting (EGM) of the company. The members approved the issue and allotment of 58.50 million equity shares for cash to Corinth Investment Holdings AG, Switzerland (www.corinthinvest.com) at Rs.41.60 per share aggregating to Rs. 243.36 crores. Shareholders also approved 50 million fully convertible warrants to a promoter group company Liquid Holdings Private Limited at Rs.38 per warrant/share aggregating up to Rs. 190 crores for cash to be converted into equity within 18 months, within the limits prescribed in SEBI (SAST) Regulations for acquisition of share/ voting rights in a financial year. The issue price of aforesaid securities is derived as per pricing formula prescribed by SEBI in SEBI (ICDR) Regulations.

United statesHimachal pradeshNew delhiAndreas matsasChristopher pissaridesMorepen groupCorinth group advisory boardCorinth groupMorepen laboratoriesMorepen laboratories limitedMorepen labs ltdFund infusion in morepen laboratories ltdHoldings private limited at rsCorinth capital fundCorinth investment holdingsHome diagnostics