Business Standard

Board of ITD Cementation India approves fund raising up to Rs 350 cr

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Capital Market

At meeting held on 21 September 2017

The Board of ITD Cementation India has approved, raising of funds by way of issue of equity shares or financial instruments convertible into equity shares including warrants or securities convertible into equity shares in one or more tranches to institutions, corporate bodies, mutual funds, individuals, pension funds and / or any other category of investors (investors), as may be permitted through Private Placement or Qualified Institutional Placement (QIP) or on preferential allotment basis or any combination thereof or any other method upto an amount not exceeding Rs.350 crore.

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First Published: Sep 21 2017 | 1:42 PM IST

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