Key Developments: Panyam Cements & Mineral Industries Ltd (PNYM.BO)
112.35INR
2:53am EST
Rs1.85 (+1.67%)
Rs110.50
Rs108.80
Rs112.35
Rs108.80
250
2,336
Rs153.00
Rs83.55
Latest Key Developments
Panyam Cements & Mineral Industries Ltd. To Issue Shares - The Hindu
The Hindu reported that Panyam Cements & Mineral Industries Ltd. has decided to issue, offer and allot on preferential basis up to 2.1 lakh equity shares of the face value of INR10 each to SPY Reddy & Associates or their nominees. To be issued in one or more tranches, the shares would be priced INR55 per share (including a premium of INR45).
Panyam Cements & Mineral Industries Ltd. May Sell Engineering Division - The Hindu
The Hindu reported that Panyam Cements & Mineral Industries Ltd has proposed to sell its Engineering Division at Bangalore, which is engaged in the manufacture of steel wires. The board would later decide on the consideration and date for the sale.
Panyam Cements & Mineral Industries Ltd. Announces Debenture Issue - The Hindu
The Hindu reported that Panyam Cements & Mineral Industries Ltd. has approved a resolution to issue 2,08,334 secured rupee denominated optionally convertible debentures of INR1,200 each carrying a coupon rate of 10% aggregating INR25 crore.
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