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Board allotted 22,27,544 shares at Rs1,670 aggregating ~Rs372cr on preferential basis to 18 non-promoter allottees including WhiteOak/Ashoka funds, Kitara, Carnelian, Tata funds, Kotak Life and Ashish Kacholia. Context: completes pending preferential issue earmarked for debt reduction.
Venus Pipes Starts Commercial Production At Pipe Spooling Facility
Venus Pipes Approves ₹372 Crore Preferential Issue At ₹1670 Per Share
Venus Pipes Board To Consider Equity Fund Raise On September 16
Venus Pipes & Tubes Commissions Additional 6.1 MW Solar Power Unit