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Chemical stock skyrockets 10% after receiving approval to raise ₹250 Cr via rights issue

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A specialty chemicals stock, known for its agrochemicals and global B2B exports, jumped over 8% during the Tuesday session after the board approved a Rs 250 crore rights issue plan. Astec LifeSciences, established in 1994 and acquired by Godrej Agrovet in 2015, is a B2B agrochemical company. 1 new share for every 4 held).

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2 Stocks jumps 4% after companies board to consider bonus shares; Do you hold any?

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Also read… Infra stock jumps after company plans to reduce debt by ₹4400 Cr Sky Gold Limited A specialised B2B jewellery manufacturer focusing on innovative gold ornament designs. In compliance with insider trading regulations, the company has implemented a trading window closure from October 23 to November 17, 2024.

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