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Board approved fundraise of Rs 173.5 Cr via preferential issue of 7.41 lakh equity shares at Rs 2,341/share to promoter Anupam Rasayan India (increasing stake to 26.07%) and others. Also approved proposal to list equity shares on NSE. Board appointed Dr. D. Karthikeyan, IAS as Chairperson.
Tanfac Industries Reduces Preferential Issue Size To ₹99 Crore After Promoter Cut
Tanfac Industries Closes QIP Allocating 12.58 Lakh Shares At ₹1985.83