Overview

• Piccadily Agro Industries shares commenced trading on the National Stock Exchange under the symbol PICCADIL on July 2, marking its simultaneous listing on India’s two leading bourses.
• The NSE debut follows an up to 11% rally in the BSE-traded stock on July 1, which pushed the share price to Rs 634.90 and valued the company at nearly Rs 6,000 crore.
• Management expects the dual listing to enhance visibility, credibility and liquidity by widening investor access across both the NSE and BSE.
• Earlier this month the company secured a Rs 50 crore equity infusion through warrant conversions to fund capacity expansion and pursuit of higher profitability.
• As India’s largest independent malt spirit manufacturer, Piccadily Agro leverages flagship brands such as Indri Single Malt and Camikara rum from its 168-acre Indri, Haryana facility.