D K Maheshwari, Executive Director of Jayshree Chemicals Ltd gestures during the announcement of Jayshree Chemicals Rights Issue to fund Rs 150 crore for company’s modernization-cum-expansion project located at Jayshree in Ganjam district of Orissa in Mumbai on Thursday, 11 March 2010. The company is issuing 23.99 million equity shares for 15 rupees a share to its existing shareholders on a rights basis in the ratio of 9 shares for every 2 shares held as on Feb 18.

Photographer: Sachin Kadvekar

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