MRO-TEK gets nod to raise Rs 10 crore by way of rights issue

MRO-TEK has received an approval for raising funds to the tune of Rs 10 crore by way of rights issue and authorized the management to initiate the process in consultation with the Investment Bankers, Consultants and Lawyers. The board of directors at its meeting held on May 29, 2014 has approved for the same. MRO-TEK today is a leader in the networking and last mile access segment. It has strategic alliances with leading international Networking Companies, providing it a strong product portfolio and technological back up.