Business Standard

Nandan Denim receives 3rd tranche towards convertible warrants

Image

Capital Market

Amounting to Rs 12.50 crore

Nandan Denim have received the third tranche amounting to Rs. 12.50 crore from Polus Global Fund towards the 25,00,000 convertible warrants allotted to them at a conversion price of Rs. 200/- each pursuant to receipt of shareholders approval at the Annual General Meeting of the Company held on 29 September 2015 and subsequent approvals from the stock exchanges.

Powered by Capital Market - Live News

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Apr 05 2016 | 1:46 PM IST

Explore News