16:49 IST
NSE
Fund Raise
Newmalayalam Steel Fund Raise of ₹1.9 Cr
Newmalayalam Steel Limited's board approved an investment of up to ₹1.9 crore in the rights issue of its subsidiary, Prime NMS Private Limited. The company will subscribe to its full entitlement and potentially any unsubscribed portion. This strategic investment supports the capital requirements of its recently incorporated manufacturing subsidiary.
- Value
- ₹1.90 Cr