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Despite the rally, its shares have dropped 10 per cent in the last one month and the stock has tumbled 25 per cent so far in 2022

According to the regulatory guidelines, listed companies are required to furnish their shareholding pattern to the stock exchanges at the end of each quarter.The entity in the previous quarter ended June held 5 lakh shares or 1.26 per cent stake in Andhra Paper.

A total of 27,732 shares changed hands on the counter till time (IST).

The packaging company on Tuesday informed the exchanges that it will hold a board meeting on October 22 to consider the proposal of bonus share issuance

“The Rs 3,200-crore debt that is seen on 30th June 2022 balance sheet, would be reduced by Rs 900 crore once the entire rights issue call money has been made available to the company and that is in addition to the scheduled repayments which are ongoing from the operational cash flows of the company. As we approach the March 2023 balance sheet, it will be a much healthier, more linear balance sheet."

At least 50 PMS funds managed to eke out positive returns during the month, showed data pulled from PMSBazaar

46,88,000 equity shares of Tilaknagar Industries were bought at an average price of Rs 99.98 per share on Tuesday

46,88,000 equity shares of Tilaknagar Industries were bought at an average price of Rs 99.98 per share on Tuesday

Promoters held 48.76 per cent stake in the company as of 30-Jun-2022, while FII and DII ownership stood at 20.71 per cent and 9.82 per cent, respectively.