Tulsi Extrusions plans GDR issue; stock slips

Tulsi Extrusions plans to to issue Global Depository Receipts up to an aggregate of $ 15 million. The company has fixed the minimum issue price of the proposed GDR at Rs. 32.24.

The scrip reacted negatively was getting corrected to the GDR issue price. It was trading at Rs 32.05, down Rs 1.65 or 4.90 per cent on the BSE. It touched a high of Rs 34.10 and low of Rs 32.05 in trade so far.