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Board of Kridhan Infra approves QIP issue up to Rs 150 cr

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Capital Market

At meeting held on 21 October 2017

The Board of Kridhan Infra at its meeting held on 21 October 2017 has approved the following -

Increase in authorised capital from Rs 18 crore to Rs 20 crore.

Proposed fund raising of up to Rs 150 crore through issuance of equity shares of Rs 2 each under QIP.

Increase limits u/s 186 to Rs 500 crore.

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First Published: Oct 21 2017 | 5:09 PM IST

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