Page 2 - Borosil

Borosil Renewables surges 13% ahead of board meet for fund raise

The company will mull fund raise, which may include issuance of equity shares or any other securities of the company, through preferential issue on a private placement basis.

Borosil consolidated profit rises 15% at Rs 25 cr in December quarter

Borosil Ltd on Monday reported 15.23 per cent rise in consolidated net profit at Rs 25.26 crore for the third quarter ended December 2021

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 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

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 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 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 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