The company's board will meet on May 22 to consider and approve proposals over hiking of FII limit and raising of funds, Natco Pharma said in a filing to the BSE without specifying the amount to be raised.
The board will consider approval to increase investment by FIIs/Foreign Portfolio Investors to 49 per cent. As on March 2015, the FII investment in the company stood at 9.96 per cent.
The filing further said the board would also consider issue of shares or convertible securities in the form of Private Placement, Qualified Institutional Placement (QIP) to FIIs, Qualified Institutional Buyers or any other investors.
It will also consider convening of Extraordinary General Meeting of the company, it added.
Natco Pharma stock was trading at Rs 2,110, up 0.74 per cent, on the BSE.