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Shilpa Medicare raises Rs 172.42 crore

Shilpa Medicare raises Rs 172.42 crore

New Delhi : Drug firm Shilpa Medicare has raised around Rs 172.42 crore by allotting 30,25,000 shares to Mauritius-based TA FII Investors Ltd.

The company’s board of directors alloted 30,25,000, equity share of Re 1 each at a premium of Rs 569 per share in the name of TA FII Investors Ltd, Shilpa Medicare said in a filing to BSE.

Source: PTI
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