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Board of Can Fin Homes approves rights issue

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At meeting held on 24 July 2014

Can Fin Homes announced that the Board of Directors of the Company at its meeting held on 24 July 2014, have approved raising of funds for an amount upto Rs. 300 crore, subject to receipt of necessary approvals from statutory, regulatory and other authorities, as applicable by way of issue of equity shares of the Company to its eligible shareholders on a rights basis in accordance with the applicable provisions of Companies Act, 2013, Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2009 and other applicable laws (the "Rights Issue").

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First Published: Jul 25 2014 | 3:54 PM IST

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