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Delta Corp gains ahead of board meeting to consider fund raising plans

The stock rallied 5% to Rs 178 on BSE in early morning trade in otherwise weak market

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SI Reporter Mumbai
Shares of Delta Corp rallied 5% to Rs 178 on BSE in early morning trade in an otherwise weak market ahead of the board meeting today to consider fund raising plans.

“The board of directors of the company is proposed to be held on Wednesday, 22nd March, 2017 to consider and, if thought fit, to approve raising funds by issue of equity shares and / or such other securities, as may be permitted, by way of a public or private offering, including a qualified institutions placement or any combination thereof,” Delta Corp, casino and hotel operator, said in a BSE