20
May
Ajooni Biotech Ltd, a leading animal health care solutions company, is set to launch its Rs 43.81 crore rights issue on May 21, 2024. The raised funds will fund land acquisition, site development, civil work, plant and machinery acquisition, working capital requirements, and corporate purposes, including site development and civil work. Right issue of the company are offered at a price of Rs. 5 per share – over 20% discount to closing share price of Rs. 6.5 per share on 18 May, 2024. Rights Issue closes on 31st May, 2024. The company plans to issue 8,76,13,721 fully paid-up equity shares…
