Lambodhara Textiles is planning to raise funds considering the long term fund requirements of the company and to foster organic growth prospects through further issue of equity shares using preferential allotment, not exceeding Rs 4.00 crore. The meeting of Board of Directors of the company will be held on December 20, 2017, to consider and approve the same.
The company is also planning to raise funds considering the long term fund requirements of the company and to foster organic growth prospects through further issue of equity shares using private placement mode, not exceeding Rs 15.00 crore.
Lambodhara Textiles is an India-based textile company. The company is engaged in the manufacturing of synthetic yarn.
