Page 2 - Borosil
BSE Consumer Discretionary index hits new high; Shalimar Paints surges 17%
Mahindra Holidays & Resorts, Lux Industries, Dish TV India and Borosil rallied more than 10 per cent on the BSE in intra-day trade
 "BSE Consumer Discretionary index hits new high; Shalimar Paints surges 17%")
BSE Smallcap index hits 31-month high; Paisalo Digital zooms 53% in 4 days
SORIL Infra, Paisalo Digital, Fineotex Chemical, Rupa & Co, Borosil Renewables, Nava Bharat Ventures and Hindustan Foods rallied up to 20% on the BSE in intra-day trade
 "BSE Smallcap index hits 31-month high; Paisalo Digital zooms 53% in 4 days")
Borosil Renewables hits new high; stock zooms 113% in 11 days
The company's shares were locked in 10 per cent upper circuit limit on the BSE
 "Borosil Renewables hits new high; stock zooms 113% in 11 days")
Borosil Renewables rallies 13% to hit new high; stock zooms 60% in 8 days
The company said the funds raised through QIP last week will help to undertake planned expansion
 "Borosil Renewables rallies 13% to hit new high; stock zooms 60% in 8 days")
Borosil Renewables surges 13% on successfully raising Rs 200 crore via QIP
The funds raised are planned to be utilized to service its capital expenditure requirements for a brownfield expansion to more than double its solar glass production capacity to 950 tons per day
Borosil merges five entities into two to simplify group structure
The Borosil Group, which runs the flagship kitchen and dining ware business under the brand names of Borosil and Larah, is amalgamating its two listed group companies and three promoter-held companies. Following the merger, for which it has received the necessary statutory approvals, the promoters' holding in Gujarat Borosil will come down to 70.5 per cent from 74.95 per cent now, the group said in a statement on Wednesday. Amalgamation envisages merger of Gujarat Borosil, Vyline Glass Works and Fennel Investment & Finance into Borosil Glass Works and also demerger of consumer and scientific businesses of Borosil Glass Works into Borosil, the group said. The merger is to simplify group structure by eliminating cross holdings and will give Borosil Glass Works shareholders direct proportional shareholding in the Gujarat Borosil business to reduce related party transactions to create more administrative efficiencies. Under the merger, two shares of Gujarat Borosil will fetch one ...
 "Borosil merges five entities into two to simplify group structure")
Borosil acquires 60% share in glass packaging firm Klasspack
Klasspack is a manufacturer of glass ampoules and tubular glass vials used as primary packaging materials by pharma companies
 "Borosil acquires 60% share in glass packaging firm Klasspack")
