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505502 — PS IT Infrastructure & Services News Story

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Brief: PS IT Infrastructure and Services to consider raising of money up to 750 mln rupees

July 11 (Reuters) - PS IT Infrastructure & Services Ltd  PSIT.BO : 
 * To consider opening up retailing of electronic goods 
 * To consider raising of money for expansion up to inr 750 million 
 
 * Source text: PS IT Infrastructure & Services Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on July 18, 2016, to consider and discuss to finalise below points: 
 
1. To discuss on the report of committee for expanding of Business of Electronic Goods. 
 
2. To enter and open up retailing of electronic goods. 
 
3. To raising of money for expansion up to 75 Crore by way of issuing equity share capital / QIP or any other equivalent to equity instruments.  
 
 * Further company coverage  PSIT.BO   
 
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