Black Box Ltd.

BSE: 500463 | NSE: BBOX
Small Cap | Telecommunication - Equipment
514.60
-2.95 (-0.57%)
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AGC Networks planning to raise funds

Date: 24-05-2018

AGC Networks is planning to raise funds by issue of Equity Shares, Global Depository Receipts/ American depository receipts/, Foreign Currency Convertible Bonds/, fully convertible debentures/partly convertible debentures, whether optional or compulsorily convertible/ preference shares convertible into Equity Shares, and/or any other financial instruments convertible into Equity Shares (including warrants, or otherwise, in registered or bearer form) and/or any security convertible into Equity Shares, combination of any of the aforementioned securities by way of one or more public and/or private offerings, Qualified Institutions Placement and/or on preferential allotment basis. The board of directors at their meeting on May 29, 2018 will consider and approve the same.

Avaya GlobalConnect is one of India’s leading providers of enterprise communications solutions, offering converged communication solutions, contact center solutions, and unified messaging systems for enterprises.