2 Min Read Venus Pipes & Tubes' board has approved a proposal to raise up to ₹371.99 crore through a preferential issue of equity shares, subject to shareholder and other applicable regulatory approvals. Under the proposed issue, the company will allot up to 22,27,544 equity shares at ₹1,670 apiece, including a premium of ₹1,660 per share. The shares will have a face value of ₹10 each, with the total issue size amounting to ₹371.99 crore.
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