At meeting held on 30 May 2018
The Board of Asian Hotels (West) has approved fund raising by way of -Preferential allotment of shares up to Rs 20 crore.
Issuance of equity / equity linked instruments through QIP/ ADR/ GDR / FCCBs / Debentures up to Rs 40 crore.
Issue of non convertible non cumulative redeemable preference shares on preferential basis up to Rs 15 crore, in one or more tranches, to be redeemed within 10 years.
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