ALSO READGayatri Projects wins Rs 1483 crore irrigation project Gayatri Projects intimates of Order passed by NCLAT Gayatri Projects standalone net profit rises 104.04% in the September 2017 quarter Gayatri Projects standalone net profit rises 175.90% in the June 2017 quarter Gayatri Projects update on scheme of arrangement
At meeting held on 06 December 2017The Board of Gayatri Projects has decided to raise funds up to Rs 1000 crore, by way of issue of securities. The Board cancelled the dividend which was recommended by the Board of Directors at their meeting held on 29 May 2017 due to non approval from the lenders as per the Master Restructuring Agreement.
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