K E C International Ltd, TCI Express Ltd, Finolex Industries Ltd and Kalpataru Projects International Ltd are among the other losers in the BSE's 'A' group today, 20 September 2024.Poly Medicure Ltd lost 4.14% to Rs 2360.7 at 14:48 IST.The stock was the biggest loser in the BSE's 'A' group.On the BSE, 2464 shares were traded on the counter so far as against the average daily volumes of 6162 shares in the past one month.K E C International Ltd crashed 4.06% to Rs 945.5. The stock was the second biggest loser in 'A' group.On the BSE, 39389 shares were traded on the counter so far as against the average daily volumes of 99746 shares in the past one month.TCI Express Ltd tumbled 3.38% to Rs 1098. The stock was the third biggest loser in 'A' group.On the BSE, 3957 shares were traded on the counter so far as against the average daily volumes of 3975 shares in the past one month.Finolex Industries Ltd dropped 3.25% to Rs 297.7. The stock was the fourth biggest loser in 'A' group.On the BSE, 29463 shares were traded on the counter so far as against the average daily volumes of 63086 shares in the past one month.Kalpataru Projects International Ltd shed 3.24% to Rs 1334.6. The stock was the fifth biggest loser in 'A' group.On the BSE, 7214 shares were traded on the counter so far as against the average daily volumes of 15645 shares in the past one month.Powered by Capital Market - Live

Poly Medicure announced that the Annual General Meeting (AGM) of the company will be held on 26 September 2024.Powered by Capital Market - Live

The company has allotted 53.19 equity shares to qualified institutional investors, the shares were priced at Rs 1,880 apiece, resulting in an issue size of approximately Rs 1,000 crore. The QIP garnered interest from a diverse range of investors, including long-only funds, mutual funds, insurance companies, and other key stakeholders. The QIP witnessed participation from various institutional investors, with the allottees receiving more than 5% of the total issue size. Lighthouse India Fund received 20% allocation from the total issue, followed by SBI Mutual Fund (13%) and Nomura Funds Ireland (10.50%), Further, ICICI Prudential Life Insurance Company, Kotak Mahindra Life Insurance Company, Quant Mutual Fund, Max Life Insurance Company received an allocation of 5% each. Poly Medicure intends to use the proceeds from the issue for funding capital expenditure to be incurred by the company for setting up of manufacturing facilities, pursuing inorganic initiatives; and general corporate purposes. Poly Medicure manufactures disposable medical items, such as IV cannula, blood bags, blood collection tubes, and infusion and transfusion sets. Powered by Capital Market - Live

Poly Medicure has launched a qualified institutional placement of equity shares of face value of Rs 5 each with floor price of Rs 1880.6875 per equity share on 19 August 2024. Powered by Capital Market - Live

Poly Medicure will hold a meeting of the Board of Directors of the Company on 22 July 2024.Powered by Capital Market - Live