Sah Polymers has repaid loans amounting to 196.62 mln rupees from the proceeds of its initial public offering, as per an exchange filing.
The repayment will reduce the company's financial expenses, Sah Polymers said in the exchange filing.
On Thursday, Sah Polymers made its market debut. The stock was launched on the NSE at a price that was almost 31% more than the upper range of its issue price of 61-65 rupees.
On NSE on Monday, shares of Sah Polymers closed 2.5% higher at 86.90 rupees.
Mumbai Special Court Sentences Malad Man To 10 Years Of Rigorous Imprisonment For Kidnapping, Raping Mentally Challenged Woman
Mumbai Sessions Court Convicts Kandivali Scrap Dealer In 2013 Gas Cylinder Fire Case; Sentences Him To 1-Year Jail For Negligence
Mumbai Crime: Uniformed Policeman Arrested For Obscene Act With Differently-Abled Woman At Public Garden In Tardeo
Navi Mumbai Fraud: 5 Aspiring Women Pilots Cheated Of ₹2.39 Crore; FIR Against Kharghar Aviation Academy
