💨 Abstract
Iris Clothings Limited, a kids wear garment company, has successfully completed a rights issue of 1.36 crores shares, raising Rs. crores. The issue was oversubscribed by 1.5 times, indicating strong confidence in the company's growth potential. Funds raised will be used for working capital requirements to enhance operational efficiency and fuel business growth.
Courtesy: theprint.in
Summarized by Einstein Beta 🤖
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