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Monnet Ispat & Energy has informed that a meeting of the Board of Directors of the company will be held on November 14, 2014, proposes to consider the matter of raising equity through either rights issue or preferential allotment route and if approved, to pass enabling resolutions such as obtaining the approval of shareholders for increase of authorised capital, formation of and authorization to Special Committee and such other allied matters.

The above information is a part of company’s filings submitted to BSE.

Peers
Company Name CMP
JSW Steel 1248.80
Tata Steel 182.85
Steel Authority 173.05
Jindal Stainless 730.75
APL Apollo Tubes 2116.50
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