Business Standard

Board of Karda Constructions approves fund raising up to Rs 175 cr

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Capital Market

At meeting held on 31 May 2021

The Board of Karda Constructions at its meeting held on 31 May 2021 has approved raising of funds up to Rs 175 crore by way of issuance of equity shares, fully convertible debentures, partly convertible debentures, non-convertible debentures, preference shares convertible into equity shares, FCCB and/or any other security convertible into equity shares in one or more tranches by way of preferential issue, qualified institutions placement and/or any combination thereof or any other mode as may be permitted under applicable laws.

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First Published: May 31 2021 | 9:08 PM IST

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