Som Distilleries & Breweries stock rises over 2.50% as it is set to discuss raising funds in January 17 board meeting
In a statement on Friday, the company said that in its January 17 board meeting, it would discuss raising funds through equity, Qualitative Instrumental Placement (QIP), and convertible instruments.
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Som Distilleries & Breweries Share Price: In the first trading session after Som Distilleries & Breweries gave update that it would discuss raising funds in a board meeting on January 17, the stock of the company rose over 2.50 per cent in Monday morning deals.
The stock of the small-cap firm was trading up by 2.66 per cent higher, or Rs 7.35, at Rs 284.05 on Monday.
In a statement on Friday, the company said that it would discuss raising funds through equity, Qualitative Instrumental Placement (QIP), and convertible instruments during its board meeting on January 17.
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