The proposal to fundraising was approved by the requisite majority of shareholders at its annual general meeting held on August 1, 2019, according to a BSE filing.
Engineering major Larsen & Toubro August 1 said it has got shareholders' approval to raise up to Rs 4,000 crore or $600 million by issuance of different modes of securities.
The proposal to fundraising was approved by the requisite majority of shareholders at its annual general meeting held on August 1, 2019, according to a BSE filing.The company has proposed to raise funds through issue of convertible bonds and/or equity shares through depository receipts and including by way of qualified institutional placement to qualified institutional buyers for an amount not exceeding Rs 4,000 crore or USD 600 million.Are you happy with your current monthly income? Do you know you can double it without working extra hours or asking for a raise? Rahul Shah, one of the India's leading expert on wealth building, has created a strategy which makes it possible... in just a short few years. You can know his secrets in his FREE video series airing between 12th to 17th December. You can reserve your free seat here.