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Board of Electrotherm (India) approves fund raising up to Rs 200 cr

Capital Market 

At meeting held on 13 July 2017

The Board of Directors Electrotherm (India) at its meeting held 13 July 2017 has approved to raise fund in form of equity and /or convertible securities by way of Qualified Institutional Placement / Preferential Allotment/ FCCBs /ADR/ GDR/ Rights Issue or any other method upto Rs 200 crore subject to approval of shareholders.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Thu, July 13 2017. 18:34 IST