Comments
Videocon Industries plans to seek shareholder approval to issue equity shares or any other convertible instruments to raise up to Rs 5,000 crore. The company said in a notice to the BSE that the options include a follow-on issue, private placement, QIP, ADRs, GDRs and FCCBs. Meanwhile, the company’s board of directors has recommended a dividend of Rs 2 per equity share to non-promoter shareholders. —
Comments
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.