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Board of Va Tech Wabag approves fund raising up to Rs 400 crore

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Capital Market

At meeting held on 25 May 2017

Va Tech Wabag announced that the Board of Directors of the Company at its meeting held on 25 May 2017 have approved the proposal of fund raising up to an amount of Rs 400 crore as and when required through issuance of securities by way of public/ preferential allotment / private placement including QIP, in consideration of growth plans, newer business opportunities which would fuel the next phase of growth of the Company.

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First Published: May 26 2017 | 9:46 AM IST

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