Board of Srei Equipment Finance approves to evaluate IPO proposal
SREI Infrastructure Finance announced that the Board of Directors of Srei Equipment Finance (SEFL), wholly owned subsidiary of the Company, at its meeting dated 17 August, 2017 has approved to evaluate, subject to approval of its board, shareholders, market conditions and receipt of requisite approvals from statutory and other authorities, an initial public offering (the 'IPO') of upto 25% of the post-issue paid-up equity share capital of SEFL.Powered by Capital Market - Live News