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Frontier Leasing & Finance to raise funds up to Rs 15 crore on preferential basis

07 Nov 2013 Evaluate

Frontier Leasing & Finance has received an approval to raise funds up to Rs 15 crore by issue of 28,500 equity shares to inimitable Capital Finance, existing shareholder, on preferential basis, subject to the approval of the shareholders of the company. The board of directors at its meeting held on November 06, 2013 has approved for the same.

Frontier Leasing and Finance is a finance and investment company. The company invests in shares, securities, debentures and involved in other finance related activities like hire purchase.

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