Frontline Business Solutions has received an approval to raise the funds through Follow on Public Offer (FPO) for its new business activities in fashion industry. The board of directors at their meeting held on January 15, 2015 has approved for the same. Considering market conditions and funds requirement, the board decided to raise funds up to Rs 50 crore.
The board has studied the Research Report prepared by a team of a company on business of fashion and lingerie. The management is confident about huge business opportunities and the future better prospects in the proposed diversified business activities of the company.
Frontline Business Solutions provides value added solutions and services in the areas of staffing, sales and marketing of telecom, financial products, human resource management and solutions, KPO and BPO solutions, call centre, back office process, and event management.