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Bajaj Steel board to discuss fund raising plan

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Press Trust of India Mumbai

Bajaj Steel Industries today said its board will meet on March 19 to discuss the proposal to raise fund through various routes including by issuing equity and convertible debentures for the growth of the company.

The board will consider the proposal to raise resources "for the growth of the company through organic and inorganic routes by way of fresh issue of shares, convertible debentures or equity share warrants or any combination thereof" on preferential basis, Bajaj Steel said in a filing to the BSE.

 

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First Published: Mar 15 2010 | 4:53 PM IST

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