Hot Pursuit     02-Jun-22
HLE Glascoat board to mull fund raising on 6th June
The company's board will meet on 6 June 2022 to consider fund raise via equity.
The board will consider raising funds by issuance of equity shares/instruments convertible into equity through qualified institutional placement (QIP), preferential allotment or such other permissible mode or combinations thereof as may be decided, subject to regulatory/ statutory approvals including approval of shareholders, if required.

On 6 June 2022, the board will also consider sub-division of equity shares of the company.

HLE Glascoat is a leading manufacturer of process equipment for the chemical and pharmaceutical industries.

On a consolidated basis, net profit of HLE Glascoat rose 30.22% to Rs 23.31 crore on 68.97% rise in net sales to Rs 249.23 crore in Q4 March 2022 over Q4 March 2021.

Shares of HLE Glascoat fell 0.44% to Rs 3423.25 on Wednesday.

Previous News
  HLE Glascoat fixes record date for interim dividend
 ( Market Beat - Reports 11-Feb-20   20:25 )
  HLE Glascoat consolidated net profit rises 58.66% in the December 2022 quarter
 ( Results - Announcements 11-Feb-23   16:32 )
  Swiss Glascoat Equipments announces board meeting date
 ( Corporate News - 20-Jul-19   09:59 )
  Volumes spurt at HLE Glascoat Ltd counter
 ( Hot Pursuit - 17-Apr-23   14:30 )
  HLE Glascoat schedules board meeting
 ( Corporate News - 10-Aug-21   12:22 )
  Volumes spurt at HLE Glascoat Ltd counter
 ( Hot Pursuit - 17-Mar-23   11:00 )
  Board of Swiss Glascoat Equipments to consider preferential allotment of warrants
 ( Corporate News - 30-Nov-16   15:41 )
  HLE Glascoat consolidated net profit rises 58.23% in the December 2020 quarter
 ( Results - Announcements 13-Feb-21   11:13 )
  Swiss Glascoat Equipments net profit declines 51.82% in the March 2009 quarter
 ( Results - Announcements 29-Apr-09   19:50 )
  Volumes jump at DCM Shriram Ltd counter
 ( Hot Pursuit - 18-Mar-24   14:30 )
  HLE Glascoat to convene AGM
 ( Corporate News - 14-Jun-21   12:31 )
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