Board of Kesoram Industries seeks shareholders approval for raising funds upto Rs 700 cr

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Capital Market
Last Updated : Jan 14 2021 | 8:04 PM IST

At meeting held on 14 January 2021

The Board of Kesoram Industries at its meeting held on 14 January 2021 have approved seeking approval from shareholders by way of special resolution for raising funds through the issuance of Optionally Convertible Debentures (OCDs) aggregating up to Rs. 700 crore on private placement basis and conversion of OCDs into Equity Shares.

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First Published: Jan 14 2021 | 6:53 PM IST

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