Balrampur Chini to raise ₹450 crore via preferential issue; hikes PLA capex
Balrampur Chini Mills Ltd. on Thursday, April 23, approved a preferential issue to raise up to ₹450 crore, along with plans to raise debt and revise capital expenditure for its bioplastics project. The company will issue up to 93.16 lakh equity shares at ₹483 apiece to promoters, promoter group entities and institutional investors, including funds…
