Right Issue:
Company is offering the shares with the object:
– Part repayment or prepayment of unsecured loans;
– Part repayment or prepayment of inter-corporate deposits and
– General corporate purposes
Eipro International Limited
Public Issue:
Draft offer letter filed with SEBI by the following entities with SEBI:
Amber Enterprises India Limited : To carry out the business as an engineering company and to manufacture the engineering products
Hindustan Aeronautics Limited : Listing of Defence PSU
Karda Constructions Limited : Object of the public issue is to carry out the main objects of the business
Iris Business Services Limited : One of the objects of the public issue is for pre-payment of loan aggregating to Rs. 300.00 lakhs
Acme Solar Holdings Limited : Public issue for repayment of indebtness and for funding the cost of engineering, procurement and construction work for Solar Power Projects
Cms Info Systems Limited : For benefits of listing Equity Shares and it will also enhance brand image and provide liquidity to shareholders.
Omfurn India Limited : Purpose of public issues is to finance expansion projects, corporate purpose and some other expenses
Shreeji Translogistics Limited : Purpose of public issues is for funding working capital requirement and for corporate purposes.