IRIS Clothings Capital Structure Change
Iris Clothings Limited has allotted 77,08,183 equity shares on a preferential basis at Rs.41.67 per share. The total transaction value aggregates to Rs.32.12 Crore.
- Value
- ₹32.12 Cr
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Iris Clothings Limited has allotted 77,08,183 equity shares on a preferential basis at Rs.41.67 per share. The total transaction value aggregates to Rs.32.12 Crore.
Iris Clothings received NSE in-principle approval to issue 77,08,183 equity shares on a preferential basis, raising ₹32.12 Crore. This facilitates the planned capital infusion.
Iris Clothings approved a Rs.32.12 Crore preferential issue of 77.08 lakh shares at Rs.41.67 each. The issue funds the acquisition of Infinia Lifestyle Private Limited.