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Salasar Techno Engineering gets nod to raise Rs 200 crore through various modes

22 Jun 2022 Evaluate

Salasar Techno Engineering’s board has approved raising of funds by issuance and allotment of equity shares for up to an aggregate amount of Rs 200 crore by way of preferential allotment and/or through QIP, FCCB, ADRs, GDRs issues, or to the existing shareholders on right basis, or in any combination thereof. A proposal for enhancement of borrowing limit to Rs 700 crore from Rs 500 crore was also given a go-ahead by the board. The Board of Directors of the Company at their meeting held on June 22, 2022, has inter-alia considered and approved the same.

Salasar Techno Engineering is leading provider of customized steel fabrication and infrastructure solution in India.

Salasar Techno Engg. Share Price

7.57 0.07 (0.93%)
17-Apr-2026 16:59 View Price Chart
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