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Shares of Venus Pipes and Tubes surged 2.57 percent to Rs 1,489.5 in the bourses on January 30.

Bulk deals: Ashish Kacholia sells Rs 15.57 crore stake in Venus Pipes &amp; Tubes

In a regulatory filing, the company said the board has approved the rights issue of 1,02,67,021 equity shares having a face value of Rs 1 each to eligible shareholders on a partly-paid basis for an amount aggregating to Rs 1,991.80 million (Rs 199.18 crore).

Skipper gets board approval to raise Rs 199 crore via rights issue

Skipper Ltd. engages in the manufacture of electrical transmission towers and polymer pipe. It operates through the following segments: Engineering Products, Infrastructure Projects, and Polymer Products. The Engineering Products segment includes power transmission towers, tower accessories, fasteners, angles, channels, highmast poles, swaged poles, scaffoldings, solar power systems, and railway structures. The Infrastructure Projects segment consist of horizontal direct drilling services and engineering, procurement & construction services. The Polymer Products segment comprises PVC, CPVC, UPVC, SWR pipes & fittings and other related products. The company was founded by Sadhuram K. Bansal in 1981 and is headquartered in Kolkata, India.

Skipper Ltd

Volume	1.49M
52-Wk High	401.00
52-Wk Low	111.10

SKIPPER.NSE Skipper Ltd

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