HFCL Ltd board OKs raising up to 7.5 bln rupees via securities

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HFCL Ltd board OKs raising up to 7.5 bln rupees via securities

By Staff Reporter: 

Following is a key excerpt from an exchange filing by HFCL Ltd today:



*The board has approved fund raising up to 7.5 bln rupees by way of private placement or preferential issue or public issue or rights issue or qualified institutional placement or through any other permissible mode and/or combination thereof, including by way of issue of equity shares/ preference shares/ bonds/ debentures/ non-convertible debt instruments/ warrants/ any other securities



Source : Eureka