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Our Bureau

Kolkata , Feb. 1

SHRACHI Infrastructure Finance plans to raise about Rs 15 crore to support its proposed expansion programme.

The company, called Shrachi Securities till recently, has a capital base of Rs 9.5 crore.

The company is yet to decide on the instrument for raising the funds.

However, a rights issue is not ruled out. .

Shrachi Infrastructure hopes to implement the proposals outlined in a report prepared by KPMG, said Mr Ravi Todi, Managing Director.

KPMG was asked to work on business processes and help Shrachi Infrastructure increase revenues.

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