Brief: Sutlej Textiles And Industries to consider raising of funds

Sutlej Textiles and Industries

26/07/2016 13:09

July 26 (Reuters) - Sutlej Textiles and Industries Ltd  SUTI.NS : 
 * To consider raising of funds through issuance of securities 
 
 * Source text: Sutlej Textiles and Industries Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on Friday, the July 29, 2016 inter alia, to consider Raising of funds through issuance of securities including equity shares or equity linked securities, including through a qualified institutional placement under the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2009, (the "ICDR Regulations"), and/or issuance of Equity Shares through convertible bonds, depository receipts and/or any other instrument convertible or exchangeable into equity shares, and/or other securities, with or without warrants, to eligible investors subject to the provisions of Section 62(1 )(c) and all other applicable provisions of Companies Act, 2013. 
 
 * Further company coverage  SUTI.NS    
 
 ((Bengaluru Newsroom; +91 80 6749 1130))