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Videocon Industries to raise up to Rs 2,000 crore

27 Nov 2017 Evaluate

Videocon Industries has received an approval for raising fund through issue of equity shares or any other convertible instrument for an amount not exceeding Rs 2,000 crore, subject to approval of shareholders. The board of directors at its meeting held on November 24, 2017 has approved for the same.

Videocon Industries is engaged in the manufacture, and wholesale and retail trade of consumer electronics and home appliances items.

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