Aban Offshore approves $ 400mn fund raising; stk rises
Aban Offshore has approved fund raising of USD 400 million through issue of FCCBs, GDRs, ADRs etc and QIP of upto Rs 2500 crore, reports CNBC-TV18. It touched an intraday high of Rs 715.50 and an intraday low of Rs 695. At 09:58 hrs the share was quoting at Rs 697.00, up Rs 8.70, or 1.26%.