Borosil makes additional investment in wholly-owned subsidiary; Stock ends higher

The company has made an additional investment of over Rs4.63cr by way of subscription towards the rights issue of Borosil Technologies.

Aug 03, 2021 03:08 IST India Infoline News Service

Borosil Limited informed the exchanges Tuesday that the company has made an additional investment of Rs4,63,40,430 by way of subscription towards the rights issue of Borosil Technologies Limited, a wholly-owned subsidiary company.

The company stock ended higher at Rs223.75 per piece up Rs3.95 or 1.80% on the BSE. Borosil stock hit a day's high of Rs226.35 per piece during intraday trade on Tuesday. 

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