PVR gains on shareholders nod to raise Rs 500cr via NCDs
Shareholders have approved raising upto Rs 500cr via NCDs on private placement basis
SI Reporter Mumbai Shares of PVR were up over 2% at Rs 823 on the Bombay Stock Exchange after the board at its meeting held on Tuesday, September 29, approved raising of funds up to Rs 500 crore by issue of non-convertible debentures on a private placement basis.
The shareholders also approved a dividend of Re 1/- per equity share of face value Rs 10 each, the company said in a release to the stock exchanges.
The stock opened at Rs 811 and touched a high of Rs 832. At 12:10PM, over 83,000 shares were traded on both the stock exchanges.
 "PVR gains on shareholders nod to raise Rs 500cr via NCDs")
