CanFIn Homes board to meet for rights issue again

Shares of CanFin Homes will remain in focus on Monday, as the company board is meeting to consider the size, ratio, price, record date and other related matters for the proposed rights issue. Canara Bank-promoted housing finance major, in which Catamaran Management Services, a venture capital fund promoted by NR Narayana Murthy, has a 2.98 per cent stake, would use the funds to augment its capital base. Earlier, it had filed a prospectus with SEBI for a ₹300 crore rights issue.