9 May 2022 , 09:53 AM
Pursuant to the above allotment, the paid-up equity share capital of the Company stands increased from Rs.23,50,00,000/- to Rs.26,14,15,096/-.
The investment proceeds will be largely utilized towards meeting the organic and inorganic expansion plans of the Company along with funding its general corporate expenses, said company in a filing.
At around 9:57 AM, Sagar Cements was trading at Rs232.90 apiece up by Rs8.8 or 3.93% from its previous closing of Rs224.10 apiece on the BSE.
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