[T.S.R:17014] P. I. Industries Ltd. - Standard Chartered PE likely to Raise stake to 15 % - Co. To become a R&D Focussed Agri-Inputs & CRAMS player in the Long Run

Standard Chartered PE is likely to acquire 15 % stake in PI
Industries via conversion of CCPS & OCD at Rs. 500-525 per share by
next month...PI likely to become a major Agri & CRAMS R&D focussed
player in the long run with deals like that done with Sony last
month.

This is a source-based info but have initiated research on the co.
recently and prima-facie the co. looks interesting.

Rgds.

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