Chokhani Securities has received an approval for raising funds to the tune of Rs 250 crore by way of issuance of securities including equity shares, convertible preference shares, convertible debentures, Global Depository Receipts, American Depository Receipts etc. by way of qualified institutions placement (QIP) or through any other method. The Board of Directors of the company at their meeting held on December 31, 2017, approved the same.
Chokhani Securities is engaged in providing financial services.
