Maytas Infrastructure today said that it may consider raising its authorised capital from Rs 75 crore to Rs 500 crore, a move that would enable the company to attract more investments.
The authorised share capital of the company may increase from the current Rs 75 crore to Rs 500 crore, it said in a filing to the Bombay Stock Exchange (BSE).
Maytas, which was earlier controlled by the family of Satyam Computer ex-chairman Ramalinga Raju, saw a change in promotership after the IL&FS Group acquired a controlling stake in it.
IL&FS Group held 37.01 per cent stake in the firm as on March 31.
Shares of the company closed at Rs 217.65, up 4.16 per cent on the BSE.
