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ManufacturingAfter close

Synthiko Foils approves ₹1,047 crore preferential issue

after close1 source ↓written by the desknot a recommendation

1,36,08,849 shares
each
₹769.16
totaling approximately
₹1,047 crore
acquisition
100% stake in DCT

Synthiko Foils Limited's board has approved a preferential allotment of up to 1,36,08,849 shares at ₹769.16 each, totaling approximately ₹1,047 crore. This capital will fund the acquisition of a 100% stake in DCT, reflecting the company's strategy for inorganic growth.

This acquisition may enhance Synthiko Foils' market position, potentially impacting investor sentiment in the sector.

Not investment advice. For informational purposes only.

OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 8 Nov 2025, 16:03 IST.

Sourcesnews.google.com

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