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.
ICICI Prudential Life Sees 30% Profit Jump In Q3, Builds On Steady Growth From Earlier Quarters
'Did She Fall Down?': Disha Patani Wears 'Dirty' Pants With Talwiinder At Mumbai Airport; Netizens React To Her Style
'1963 Agreement Between Pakistan And China Illegal': Army Chief General Upendra Dwivedi's BIG Message To Beijing On Shaksgam Valley
Gold, Silver Prices Ease On Profit Booking After Hitting Record Highs Amid Geopolitical & Fed Probe Concerns
