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Indian Terrain Fashions Limited ( (IN:INDTERRAIN) ) has shared an update.
Indian Terrain Fashions Limited has received in-principle approval from the National Stock Exchange of India Limited and BSE Limited for the issuance of 49,48,537 warrants convertible into equity shares. This preferential allotment is aimed at certain identified non-promoter entities and individuals, potentially impacting the company’s capital structure and market positioning. The approval is subject to compliance with various regulatory guidelines and conditions, including strengthening internal controls to monitor trades by proposed allottees.
More about Indian Terrain Fashions Limited
Indian Terrain Fashions Limited operates in the fashion industry, focusing on the production and sale of apparel. The company is known for its range of clothing products, catering primarily to the men’s fashion segment in India.
YTD Price Performance: -34.50%
Average Trading Volume: 15,424
Current Market Cap: 1.53B INR
For an in-depth examination of INDTERRAIN stock, go to TipRanks’ Stock Analysis page.