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    HomeNewsBusinessCompaniesIndustrial Investment Trust to raise fund limits from Rs 350 crore to Rs 400 crore

    Industrial Investment Trust to raise fund limits from Rs 350 crore to Rs 400 crore

    Industrial Investment Trust has raised fund limits to Rs 400 crore. The funds will be raised via QIP / Rights Issue / ADR / GDR / Pref allotment.

    January 10, 2011 / 18:12 IST
       
       
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      Industrial Investment Trust Limited has informed the Exchange that "In modification of the company's earlier proposal for raising the funds by way of QIP / Rights Issue upto a limit of Rs. 350 crore, the Board in its meeting held on January 8, 2011 has decided to revise the limit from Rs. 350 crore to Rs. 400 crore and raise the funds by way of QIP / Rights Issue / ADR / GDR / Preferential Allotment subject to necessary regulatory approvals.
      Source : BSE
      first published: Jan 10, 2011 06:12 pm

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