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An announcement from Zota Health Care Ltd. ( (IN:ZOTA) ) is now available.
Zota Health Care Ltd. has announced the approval and launch of a Qualified Institutions Placement (QIP) to raise capital through the issuance of equity shares to qualified institutional buyers. This strategic financial move, approved by the company’s Fund-Raising Committee, sets a floor price of ₹1,615.28 per share, with a potential discount of up to 5%, and is aimed at strengthening the company’s financial position and enhancing its market competitiveness.
More about Zota Health Care Ltd.
Zota Health Care Ltd. operates in the healthcare industry, focusing on the production and distribution of pharmaceutical products. The company is engaged in providing a range of healthcare solutions and aims to cater to the needs of both domestic and international markets.
Average Trading Volume: 71,295
Technical Sentiment Signal: Buy
Current Market Cap: 50.66B INR
See more data about ZOTA stock on TipRanks’ Stock Analysis page.