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Kesoram Industries
Business  /  Published 19.07.22

Kesoram FD to fetch 12.25% interest

Investors applying for the proposed fixed deposit scheme of Kesoram Industries will earn a 12.25 per cent interest per annum. The Basant Kumar Birla flagship hopes to mop up Rs 100 crore from the sch...
By Our Special Correspondent in Calcutta

Business  /  Published 18.06.22

Kesoram halts plan to refinance debt

Kesoram became the first company from Calcutta to hold an AGM physically, even though the majority of its peers are still preferring the virtual mode to conduct the event. Shareholders came down in la...
By Our Special Correspondent in Calcutta

Business  /  Published 12.04.22

Kesoram plans non-cement biz demerger

Kesoram Industries Ltd plans to demerge the non-cement operations of the company into a separate entity and list it on the stock exchanges — and become a fully focused cement business. The new ...
By Our Special Correspondent in Calcutta

Business  /  Published 24.12.21

Kesoram may rope in partner for Cygnet

Kesoram Industries may consider inducting a strategic partner in wholly owned subsidiary Cygnet Industries with the aim to raise efficiency and cut losses by putting fresh money into the business. Th...
By Our Special Correspondent in Calcutta

Business  /  Published 21.11.21

Kesoram clears plan to raise funds

BK Birla Group flagship Kesoram Industries’ board on Saturday approved a plan to raise up to Rs 2,500 crore to lower the cost of borrowings to replace high-cost NCDs and OCDs. The company had r...
By PTI in Calcutta

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Business  /  Published 10.11.21

Kesoram plans bonds to retire debt

Kesoram Industries may look to float overseas bonds to retire outstanding high cost debentures ahead of their scheduled maturity and pare down interest outgo from the balance sheet. The cement produc...
By Our Special Correspondent in Calcutta

Business  /  Published 14.09.21

Kesoram rights issue on Sept 27

Kesoram Industries Ltd will launch its Rs 400 crore rights issue on September 27 and allow eligible shareholders to participate in the share sale for two weeks. The board of the company, which met on...
By Our Special Correspondent in Calcutta

Business  /  Published 13.08.21

Kesoram rights issue at discount

Shareholders of Kesoram Industries are in for a treat as the board decided to offer a rights issue at a steep 44 per cent discount to the market price. Dispersed over a period of six months, eligible ...
By Our Special Correspondent in Calcutta

Business  /  Published 05.08.21

Kesoram opts for rights issue

Kesoram Industries has dropped its plan for a preferential allotment of shares within a fortnight of its announcement, instead opting for a rights issue after a group of shareholders said they wanted ...
By Our Special Correspondent in Calcutta

Business  /  Published 22.07.21

Promoter funds for Kesoram

The promoters of Kesoram Industries Ltd are ploughing Rs 100 crore into the company by way of preferential allotment of shares, laying the ground for multiple rounds of equity issues over the next 12-...
By Our Special Correspondent in Calcutta


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