The board of directors of Bajaj Electricals will meet on Monday (January 6) to consider fund-raising proposals. Among the options are raising of funds by issue of equity shares, convertible securities or any other securities, including through a rights issue, preferential issue and/or qualified institutional placement by Bajaj Electricals.
Shareholders will monitor the mode of fund-raising, pricing, quantum of shares to be offered and the purpose of the issue.
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