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NACL Industries Ltd ( (IN:NACLIND) ) has provided an announcement.
NACL Industries Limited has announced a rights issue to raise capital by issuing equity shares to existing shareholders in the ratio of 5:31 at a price of Rs. 76 per share. This strategic move is expected to strengthen the company’s financial position and support its growth initiatives, potentially impacting its market presence and offering opportunities for stakeholders to increase their investment in the company.
More about NACL Industries Ltd
NACL Industries Limited operates in the chemical industry, focusing primarily on the production and sale of agrochemicals. The company is involved in manufacturing a range of products that cater to the agricultural sector, aiming to enhance crop protection and yield.
Average Trading Volume: 39,285
Technical Sentiment Signal: Buy
Current Market Cap: 35.05B INR
See more data about NACLIND stock on TipRanks’ Stock Analysis page.