Dandot Cement to accept Rs500m investment from Tetra Engineering

15:40
October 31, 2023

October 31, 2023 (MLN): The Board of Directors (BoD) of Dandot Cement Company Limited (PSX: DNCC) has decided to accept the investment offer from Tetra Engineering (Private) Limited for a convertible interest fee loan of Rs500 million, the company’s filing on the local bourse revealed today.

As per the said offer, the interest-free loan of Rs500m will be injected in installments, from time to time, to complete the BMR and support the working capital requirements of the DNCC.

The loan will be convertible into shares of DNCC at the rate of Rs25 per share, which includes a Par value of Rs10 and a premium of Rs15 per share.

The company is a subsidiary of Calicom Industries (Pvt.) Limited and is engaged in the production and marketing of cement.

Copyright Mettis Link News

Posted on: 2023-10-31T15:33:46+05:00

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PairID	Symbol	Bid	Ask	High	Low	Update
1	PKR	278.35000	278.55000	278.55000	278.35000	03:02 PM
2	EUR	1.07070	1.07075	1.07075	1.07070	12:24 PM
3	GBP	1.25102	1.25108	1.25108	1.25102	12:24 PM
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7	AUD	0.65458	0.65462	0.65462	0.65458	12:24 PM
8	INR	83.42440	83.42540	83.42540	83.42440	12:24 PM
9	SAR	3.75050	3.75070	3.75070	3.75050	09:24 PM
10	AED	3.67280	3.67300	3.67300	3.67280	09:23 PM
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20	TRY	32.36850	32.37850	32.37850	32.36850	12:24 PM
21	SEK	10.89400	10.89700	10.89696	10.89401	12:24 PM
22	ZAR	18.59650	18.62650	18.62650	18.59650	12:24 PM
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25	ARS	878.30200	878.31200	878.31240	878.30240	12:24 PM
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40	PHP	57.48100	57.53100	57.53100	57.48100	12:23 PM
42	NGN	1,372.45000	1,373.45000	1,373.45000	1,372.45000	11:47 AM
43	KES	134.00000	136.00000	136.00000	134.00000	11:47 AM
44	AMD	387.63000	387.63000	387.63000	387.63000	08:28 AM
45	TWD	32.40130	32.43130	32.43130	32.40130	12:24 PM
46	XAU	2,300.36000	2,300.75000	2,300.75000	2,300.36000	12:23 PM
47	XAG	26.53520	26.54480	26.54480	26.53520	12:23 PM
48	XPT	952.28900	957.76400	957.76420	952.28910	09:24 PM
49	XPD	934.01300	940.89200	940.89240	934.01260	09:24 PM
2,120	VES	36.38180	36.47310	36.47306	36.38182	08:00 PM
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2,213	TZS	2,590.99000	2,591.01000	2,591.01500	2,590.98500	08:00 AM

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Name	High	Current	Low	Change	% Change	Volume	Value	DateTime
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KMI30	120,178.80	118,759.788	118,657.73	-685.009	-0.574	93,887,074.0	7,511,292,824.070	02/05/2024 04:12 PM
KMIALLSHR	33,407.15	33,049.283	33,014.12	-223.106	-0.671	264,217,816.0	14,805,572,322.210	02/05/2024 04:12 PM
BKTi	17,599.66	17,553.510	17,493.12	-85.775	-0.486	17,849,327.0	1,410,481,198.310	02/05/2024 04:12 PM
OGTi	16,944.38	16,761.298	16,680.86	-23.848	-0.142	17,193,523.0	2,461,028,371.020	02/05/2024 04:12 PM

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