Moneycontrol
Oct 19, 2016 10:39 AM IST IST | Source: Moneycontrol.com

Garden Silk Mills up 20%, to consider fund raising on Oct 25

The company's board meeting will be held on October 25, to consider the proposal for raising of funds aggregating to Rs 30 crore by issue of convertible share warrants / convertible securities in favour of promoter / promoter group of the company.

Moneycontrol Bureau

Share price of Garden Silk Mills added 20 percent intraday Wednesday as board to consider fund raising proposal.

The company's board meeting will be held on October 25, to consider the proposal for raising of funds aggregating to Rs 30 crore by issue of convertible share warrants / convertible securities in favour of promoter / promoter group of the company.

At 10:02 hrs Garden Silk Mills was quoting at Rs 37.70, up Rs 5.55, or 17.26 percent on the BSE.

Posted by Rakesh Patil
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