08-Jul-2026 17:52:23
TANFACINDIPO
TANFAC INDUSTRIES RAISED RS 994 CR FUNDS FROM QIB @ ₹2341/SHARE
• Board approved reduction in preferential issue size from ₹1,734.87 Cr to ₹994.09 Cr • Reduction is due to revised expression of interest from Anupam Rasayan India Limited (Promoter) • Company to raise funds via issuance of up to 4,24,647 equity shares of face value ₹5 each • Issue price set at ₹2,341.00 per equity share, aggregating up to ₹994.09 Cr • Proposed allottees include Anupam Rasayan India Limited, Alrox Enterprises Private Limited, Vivek Jain, and Tatvam Trade Impact: Neutral (Reduction in issue size due to revised interest from a promoter, impacting the total fundraising amount.)
TANFAC Industries Ltd-$
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