Kopran Limited raises funds

The Company had raised funds amounting to Rs.126.48 Crore through Issue of Equity Shares on Preferential basis in the Month of January, 2022. As stated in the objects of the said issue the Company has made investment aggregating to Rs.100 Crore in the Equity Share Capital of Kopran Research Laboratories Limited (KRLL), by way of subscription to the Rights issue and accordingly, has been allotted 2500000 Equity Shares of Face Value Rs.10/- each at a premium of Rs.390 per share of KRLL on 19th March, 2022.