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NCC's board to meet next week to consider raising funds

Press Trust of India  |  New Delhi 

Infrastructure firm today said its board will meet next week to consider raising funds through issuance of equity shares or warrants to promoters on preferential basis.

"The Board of Directors at the board meeting (on May 24) will...consider the proposal to issue equity shares/warrants to the group," NCC said in a BSE filing.

The company, however, did not share any details.

Shares of were trading 1.83 per cent lower at Rs 107.40 on BSE.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Fri, May 18 2018. 12:45 IST