The company hopes to execute the order worth Rs 143 crore in next 24 months

The Nifty Realty index closed 1.21 per cent down at 437.7.

The Nifty Bank index closed 0.12 per cent down at 43359.5.

The Nifty Pharma index closed 0.22 per cent down at 12618.45.

The Nifty Realty index closed 0.46 per cent up at 449.6.

The Nifty Bank index closed 0.17 per cent up at 43708.75.

The Nifty IT index closed 0.4 per cent down at 29050.5.

The Nifty Auto index closed 0.04 per cent up at 12874.35.

The Nifty Realty index was trading 0.19 per cent up at 448.4.

The Nifty Auto index was trading 0.42 per cent up at 12923.1.

The Nifty Bank index was trading 0.25 per cent up at 43740.9.

The Nifty IT index was trading 0.4 per cent down at 29052.8.

The Nifty Pharma index was trading 0.01 per cent down at 12773.9.

In the Nifty pack, 27 stocks closed in the green, while 22 stocks ended in the red.

In the Nifty 50 index, 27 stocks ended in the green, while 22 stocks closed in the red in today's trade.

The Nifty Auto index closed 0.3 per cent down at 13191.75.

The Nifty Bank index closed 0.07 per cent up at 43260.65.

In the Nifty50 index, 27 stocks closed in the green, while 22 stocks ended in the red.

The Nifty Realty index closed 1.98 per cent up at 459.05.

The Nifty Pharma index closed 0.18 per cent down at 13120.65.

In the Nifty50 index, 31 stocks were trading in the green, while 19 stocks were in the red.

The Nifty Bank index was trading 0.35 per cent up at 43381.7.

In the Nifty 50 index, 31 stocks were trading in the green, while 19 stocks were trading in the red.

The Nifty Realty index was trading 0.62 per cent up at 452.95.

The Nifty Auto index was trading 0.3 per cent down at 13191.85.

In the Nifty pack, 26 stocks were trading in the green, while 24 stocks were trading in the red.

"The fund raising committee...has approved the issuance and allotment of 3,00,00,000 equity shares to qualified institutional buyers in present tranche at the issue price of Rs 27.30 per equity share (including a premium of Rs 26.30 per equity share), aggregating to Rs 81,90,00,000," it said.

In the Nifty pack, 9 stocks were trading in the green, while 41 stocks were trading in the red.

"The board...has approved raising of funds by issuance and allotment of equity shares for up to an aggregate amount of Rs 200 crore by way of preferential allotment and/or through QIP, FCCB, ADRs, GDRs issues, or to the existing shareholders on right basis, or in any combination thereof," the company said.

"FY22 remained a challenging year in view of the abnormal and unprecedented volatility in the commodity prices both for steel and zinc. Despite headwinds, we were able to achieve a total sale of Rs 718 crore against Rs 597 crore in FY21. In FY22, EBIDTA increased from Rs 57 crore to Rs 69 crore," Managing Director Shashank Agarwal said.

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