Sheela Foam raises ₹1,200 cr via QIP; stock jumps 4%
The board of Sheela Foam allocated 11,131,725 equity shares at an issue price of ₹1,078, a discount of 4.94% to the floor price of ₹1,133.99 apiece.
The board of Sheela Foam allocated 11,131,725 equity shares at an issue price of ₹1,078, a discount of 4.94% to the floor price of ₹1,133.99 apiece.
Sheela Foam is acquiring 94.66% stake in Kurlon for ₹2,150 cr, while it’ll buy 35% shareholding in Furlenco for ₹300 cr