Brief: Prakash Industries approves demerger scheme between co, Prakash Pipes

Prakash Industries

24/08/2017 08:18

Aug 24 (Reuters) - Prakash Industries Ltd  PRKI.NS : 
    * Says approved demerger scheme between co, Prakash Pipes 
    * Says post scheme, shareholding pattern of PPL will be 
exactly same as that of co 
    * Says  approved issue of FCCB worth up to $17.85 million 
    * Says  approved raising funds worth up to 5 billion rupees 
via QIP 
 
Source text: http://bit.ly/2viasaA 
Further company coverage:  PRKI.NS  
 
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