Wednesday, 27 May 2015

JK Cement plans to raise up to Rs. 300 crore

JK Cement Ltd haS announced that the Board of Directors of the Company at its meeting held on May 23, 2015, has decided to raise long term funds by way of issue of Securities and/or Non Convertible Debentures with warrants on Preferential Allotment basis, Qualified Institutional Placement (QIP) basis 
JK Cement

JK Cement Ltd haS announced that the Board of Directors of the Company at its meeting held on May 23, 2015,  has decided to raise long term funds by way of issue of Securities and/or Non Convertible Debentures with warrants on Preferential Allotment basis, Qualified Institutional Placement (QIP) basis or such other form as may be permissible under law for an amount upto Rs. 300 Crores with a green shoe option subject to shareholders’ approval sought in the ensuing Twenty First Annual General Meeting of the Company convened on August 01, 2015. 

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