In an interview with CNBC-TV18, Gopal Agarwal, Chief Financial Officer of Ganesh Polytex , spoke about his outlook for the company.
Below is a verbatim transcript of an exclusive interview with Gopal Agarwal on CNBC-TV18. Also watch the accompanying video.
Q: You have had many developments at your board of directors meeting that took place on March 25. What amount of funds are you looking to raise? What would the instruments be at total?
A: We are raising about Rs 12 crore from promoters and strategic investors for company's expansion plan.
Q: How many new shares will you issue to get Rs 12 crore?
A: We will issue about 30 lakh shares.
Q: How much will that dilute your equity by?
A: Shares will be allotted to promoters and strategic investors so there is no much dilution.
In an interview with CNBC-TV18, Gopal Agarwal, Chief Financial Officer of 
