Don’t miss the latest developments in business and finance.

Board of Wintac approves rights issue

Image
Capital Market
Last Updated : May 10 2014 | 12:04 AM IST

At meeting held on 09 May 2014

Wintac announced that the Board of Directors of the Company at its meeting held on 09 May 2014, inter alia, has approved the further issue of equity shares on rights issue basis up to Rs 35 crore for meeting the capital expenditure and working capital requirements.

The issue price, number of shares and ratio of rights issue will be determined in due course in accordance with the applicable regulations and would be communicated to the stock exchanges immediately thereon.

Powered by Capital Market - Live News

Also Read

First Published: May 09 2014 | 4:04 PM IST

Next Story