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Prakash Industries plans to raise funds

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Capital Market
Last Updated : Jan 15 2018 | 7:04 PM IST

Through QIP issue

Prakash Industries plans to raise funds very shortly subject to clearances. The Company's Board at its meeting held on 24 August 2017 has already approved raising of funds by way of QIP issue for an amount of Rs 500 crore. The Company's shareholders through special resolution in the EGM held on 23 September 2017 have also approved the proposal.

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First Published: Jan 15 2018 | 6:44 PM IST

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