💨 Abstract

IEL Limited, a chemical trading and commodity export company based in Ahmedabad, Gujarat, has announced a rights issue of 10,01,28,990 equity shares at Rs4.45 per share, starting February 4, 2025. The proceeds will be used for acquiring land, constructing warehouses, general corporate purposes, and meeting issue-related expenses.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖