The direct stake of Polyplex Thailand was 16.5 per cent and that of Polyplex Singapore was 34.5 per cent originally, making it a total of 51 per cent.
The rights offering of shares have been made by Polyplex Thailand at a price of Baht 6.5 per share.
Additionally, board of directors recommended a dividend of Rs 3 per share for fiscal 2015-16.
The company reported revenue of Rs 31,801.9 million in fiscal 2015-16. (MCJ)
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