Subam Papers revises project cost after under
Published on: May 27, 2026, 3:06 p.m. | Source: scanx.trade
Subam Papers revised its project cost to ₹104.37 crore from ₹107.04 crore due to under-subscription in its preferential issue. The company raised ₹74.36 crore, missing its target by ₹2.66 crore in equity proceeds. The Board reduced the General Corporate Purposes allocation from ₹4.03 crore to ₹1.36 crore to adjust for the shortfall.
