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High Promoter Holding: Multibagger Stock Cancels Fundraising Plan Citing Sufficient Cash Accruals for Capex Needs
High Promoter Holding: Multibagger Stock Cancels Fundraising Plan Citing Sufficient Cash Accruals for Capex Needs

High Promoter Holding: Multibagger Stock Cancels Fundraising Plan Citing Sufficient Cash Accruals for Capex Needs

Company reported its highest-ever quarterly and annual performance

DSIJ Intelligence-3 Article rating: 3.6

The decision to withdraw the QIP plan was taken in light of the company’s improved financial performance and the availability of sufficient internal cash accruals to meet its capital expenditure requirements.

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