Privi Speciality Chemicals cancels fundraising plan

Privi Speciality Chemicals cancels fundraising plan

Privi Speciality Chemicals shelved its ₹1,000 crore QIP plan due to strong financials and sufficient internal cash flow. With promoter holding intact at 74.05% and improved profitability, the board opted to fund expansion internally. This move signals confidence and financial discipline, an important lesson in avoiding dilution when internal resources suffice for growth plans.

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