Breaking News

You are here » Indian-Commodity  :  Top News  :  Orient Paper plans to raise fund via rights issue


Orient Paper plans to raise fund via rights issue

Orient Paper & Industries is planning to raise fund by way of rights issue of equity shares. In this regard, the company's board will meet on 15 September 2016. The board will also consider various options for business restructuring of the company.

Orient Paper & Industries is part of the C K Birla Group and has emerged as a multi-product, multi-location company. The company manufactures and markets range of fans under the name Orient Fans. It manufactures ceiling fans, desk fans, wall-mounted fans, pedestal fans, exhaust fans and multi-utility fans. It has production capacity of over 3 million units per annum.

Related News

View all news

Mentha oil futures trade marginally higher on MCX

Mentha oil futures trade marginally higher on MCX as speculators enlarged positions due to firm trend at spot market on rising demand from consuming industries. Further, tight stocks position on fall in......

Crude oil futures trade lower on oversupply concerns

Crude oil futures traded lower on MCX on offloading of positions by speculators as rising drilling activity in the United States pointed to further increases in output, raising concerns about a return......

Jeera futures decline on NCDEX

Jeera futures declined on NCDEX, as traders initiated fresh selling on expectation of higher arrivals in the coming weeks due to bumper acreage during the season. Further, tepid demand for cumin from spot......

Top News

View all news

BHEL commissions first unit of Kishanganga HEP in Jammu & Kashmir

Bharat Heavy Electricals (BHEL) has successfully commissioned the first 110 MW generating unit of the prestigious 330 MW Kishanganga Hydro-Electric Project (HEP) in Jammu & Kashmir (J&K),......

Tata Power's TPDDL launches artificial intelligence solution for Indian Discoms

Tata Power Delhi Distribution (TPDDL), a joint venture (JV) of Tata Power and the Government of Delhi has launched artificial intelligence solution for Indian Discoms to make their operations smarter.......

Lupin receives USFDA approval for generic Topicort Topical Spray

Lupin has received final approval for its Desoximetasone Topical Spray, 0.25%, 30 ml, 50 ml, and 100 ml from the United States Food and Drug Administration (USFDA) to market a generic version of Taro Pharmaceuticals......