Board of Setco Automotive approves fund raising up to Rs 100 crore

At meeting held on 12 August 2015

Setco Automotive announced that the Board of Directors of the Company at its meeting held on 12 August 2015, inter alia, approved the following:

- Issue of securities including Equity Shares, convertible securities, etc. through public or private offerings including Qualified Intuitional Placement (QIP) for raising amount not exceeding Rs. 100 crore, subject to the approval of the shareholders and other authorities.

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