MoneyWorks4Me

Gujarat Borosil informs about outcome of board meeting

17 Nov 2016 Evaluate

Gujarat Borosil has informed that the Board has at its meeting held on November 17, 2016, inter alia, decided to obtain enabling approvals, from the shareholders inter alia, for raising of funds by way of issue of equity shares including Convertible Bonds / Debentures through Qualified Institutional Placements (QIP) and / or any other modes upto Rs. 250 crores, through postal ballot process.

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

Peers