Asian Paints
2732.9 -22.10
Cipla
1351.8 -3.70
Eicher Motors
7611 10.00
Nestle India
1414.8 14.40
Grasim Inds
3149.5 4.40
Hindalco Inds.
1010 1.50
Hind. Unilever
2194.6 -23.90
ITC
292.5 1.35
Trent
3205.8 26.10
Larsen & Toubro
4209.4 19.40
M & M
3074.8 -61.70
Reliance Industries
1309.5 -18.60
Tata Consumer
1111.5 0.10
Tata Motors PVeh
359.5 -5.15
Tata Steel
198.96 -1.56
Wipro
180.8 -2.04
Apollo Hospitals
8489.5 78.00
Dr Reddy's Labs
1272.1 4.60
Titan Company
4419.9 32.00
SBI
1035.1 -7.60
Shriram Finance
1001.9 -0.80
Bharat Electron
426.9 -1.70
Kotak Mah. Bank
399.25 -3.70
Infosys
1051.4 -76.10
Bajaj Finance
961.8 2.95
Adani Enterp.
3038.4 25.00
Sun Pharma.Inds.
1838.3 13.50
JSW Steel
1287.7 -6.20
HDFC Bank
779.8 -19.20
TCS
2125 -78.30
ICICI Bank
1346.5 4.20
Power Grid Corpn
292.25 3.55
Maruti Suzuki
13395 -89.00
Axis Bank
1357.9 -2.20
HCL Technologies
1131.7 -30.10
O N G C
246.25 0.95
NTPC
365.8 3.85
Coal India
451.3 -0.70
Bharti Airtel
1910.8 36.00
Tech Mahindra
1409.6 -38.10
Jio Financial
244.45 0.35
Adani Ports
1835.3 -6.80
HDFC Life Insur.
591.85 0.55
SBI Life Insuran
1800.2 -7.40
Max Healthcare
1094.75 4.30
UltraTech Cem.
11367 -63.00
Bajaj Auto
10066 -11.00
Bajaj Finserv
1769.4 -2.30
Interglobe Aviat
5021.5 9.70
Eternal
264.3 5.75
Sumeet Industries has announced a rights issue for its eligible shareholders aimed at enhancing financial flexibility and supporting the Company's strategic business priorities.
The board of Sumeet Industries has approved the terms of a rights issue aggregating to Rs 199.75 crore through the issuance of Rs 16.84 crore fully paid-up equity shares. The company proposes to deploy Rs 49 crore from the rights issue proceeds towards the acquisition and operationalisation of additional 140,000 Ton Per Annum Polyester Chips (CP) plant acquired from Nakoda in Surat, Gujarat.
The project involves a total capital outlay of Rs 90 crore; with the balance Rs 41 crore being funded through internal accruals. Expected to be recommissioned in Q1 FY27 28, the facility will strengthen backward integration and support the company's downstream polyester manufacturing operations.