Zuari Industries gains on raising Rs 100 crore via NCDs
Zuari Industries is currently trading at Rs. 147.10, up by 0.55 points or 0.44% from its previous closing of Rs. 146.45 on the BSE.
The scrip opened at Rs. 146.90 and has touched a high and low of Rs. 148.50 and Rs. 146.80 respectively. So far 613 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 174.00 on 14-Oct-2022 and a 52 week low of Rs. 104.50 on 29-Mar-2023.
Last one week high and low of the scrip stood at Rs. 150.70 and Rs. 144.70 respectively. The current market cap of the company is Rs. 436.15 crore.
The promoters holding in the company stood at 56.81%, while Institutions and Non-Institutions held 1.35% and 41.85% respectively.
Zuari Industries has raised Rs 100 crore through the Series-2 allotment of 1,000 Unlisted, Unrated, Secured, Redeemable, Non-Convertible Debentures (NCDs) of Rs 10,00,000 each to 360 One Prime. The NCD Committee of the company has on October 10, 2023 approved the same.
Zuari Industries (Formerly Zuari Global) has been the Group holding company for the Adventz Group of Companies, with forays into fertilizer, heavy engineering, infrastructure, lifestyle and services.