JHS is raising 30 crs for a new plant in Jammu(tax benefits) and interestingly the
BURMANS of DABUR are subscribing the preferential issue of 15 Crs @Rs27.75
10Crs worth warrants being subscribed by MD @Rs27.75
current market price Rs.22
current market cap 170 crs
promoter in the Arihant conference said that he expects this plant to deliver a sale of 100crs.
with Burmans funding the plant, it becomes obvious that dabur will be the major client for that plant.
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