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Incorporated in 2020, Dhariwalcorp Limited trades in a wide range of waxes, industrial chemicals, and petroleum jelly.
Dhariwalcorp Limited allotted 4,70,07,000 equity shares via a Rights Issue at ₹2.50 each, raising ₹11.75 Cr. This action doubled the company's paid-up equity share capital.
Dhariwalcorp secured approval for an Agro Processing Cluster in Rajasthan under PMKSY. The project, costing Rs. 43.42 Cr, will receive a Rs. 9.90 Cr government grant. This strategic expansion strengthens the company's agri-processing capabilities and market presence.
DHARIWALCORP confirms specific investor Indo Thai Securities Limited applied for 7,101,000 shares in its Rights Issue. This significant subscription by an institutional investor signals strong confidence, aiding the company's capital raise efforts.
Dhariwalcorp announces a Rights Issue of 4.70 Cr shares at ₹2.50 each to raise ₹11.75 Cr. Funds will be used for land acquisition and developing agro-processing clusters, driving business expansion and enhancing production capacity.
Dhariwalcorp secured an ISIN (INE0YRN20017) for its Rights Entitlements, facilitating the upcoming Rights Issue. Eligible shareholders will receive these entitlements in their demat accounts before the issue opens, a key step in its capital-raising plan.