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Board of Cambridge Technology Enterprises approves raising of funds up to USD 50 million

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Capital Market
Last Updated : May 26 2017 | 12:01 AM IST

At meeting held on 24 May 2017

Cambridge Technology Enterprises announced that the Board of Directors of the Company at its meeting held on 24 May 2017 has approved to raise funds by the Company for an aggregate amount up to USD 50 million or equivalent thereof in one or more foreign currency and/or Indian rupees, through public or private placement by way of QIP / FCCBs / ADRs/ GDRs or any other mode subject to approval of shareholders and regulatory/ statutory approvals.

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First Published: May 25 2017 | 9:23 AM IST

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