Jain Irrigation approves to raise of $40 mn via FCCBs

Jain Irrigation board approves preferential issue of 4.97 crore shares at Rs 80 per share to non-promoters to raise Rs 398 crore. The board also approved to raise of USD 40 million via FCCBs and USD 75 million via overseas borrowing, reports CNBC-TV18.
  • Language
  • App
  • Subscriptions
  • Specials
  • Sign-In
  • Register
GeStepAhead GrowMyMoney SME Special
moneycontrol.com

Home » News » Business

Oct 16, 2012, 10.50 AM | Source: Moneycontrol.com

Jain Irrigation approves to raise of $40 mn via FCCBs

Jain Irrigation board approves preferential issue of 4.97 crore shares at Rs 80 per share to non-promoters to raise Rs 398 crore. The board also approved to raise of USD 40 million via FCCBs and USD 75 million via overseas borrowing, reports CNBC-TV18.

Like this story, share it with millions of investors on M3

Jain Irrigation approves to raise of $40 mn via FCCBs

Jain Irrigation board approves preferential issue of 4.97 crore shares at Rs 80 per share to non-promoters to raise Rs 398 crore. The board also approved to raise of USD 40 million via FCCBs and USD 75 million via overseas borrowing, reports CNBC-TV18.

Post Your Comments

Share Cancel

Jain Irrigation board approves preferential issue of 4.97 crore shares at Rs 80 per share to non-promoters to raise Rs 398 crore. The board also approved to raise of USD 40 million via FCCBs and USD 75 million via overseas borrowing, reports CNBC-TV18.

At 10:41 hrs Jain Irrigation Systems was quoting at Rs 74, up Rs 0.70, or 0.95%. It has touched an intraday high of Rs 75.60 and an intraday low of Rs 73.45.
 
It was trading with volumes of 256,746 shares. In the previous trading session, the share closed up 1.03% or Rs 0.75 at Rs 73.30.

Ads by Google

Buy, Hold, Sell ? Hear it first on M3
Jain Irrigation approves to raise of $40 mn via FCCBs

See all

Get started using your favorite social network

or

Login using moneycontrol ID

Username
Password

Need help logging in? Reset password.

Don´t have an account? Sign Up

Get started using your favorite social network

or

Simply sign up using this short form

* mandatory

UserName*

Username should be atleast 4 character

Password*

Password should be 8 or more characters,
atleast 1 number, 1 symbol & 1 upper case letter

Alert

Your Password should contain
  • 8 or more characters
  • At least 1 number
  • At least 1 symbol
  • At least 1 upper case letter
Confirm Password*
Email
Already have an account? Login