Stocks

Focus on fund-raising plans of Prestige Estates

| Updated on December 13, 2019

 

The board of directors of Prestige Estates Projects will meet on Saturday to consider fund-raising plans. Among the options are raising funds through rights issue, public issue, qualified institutional placement, preferential issue or any other method. Shareholders will closely monitor the development and keep an eye on the mode of fund-raising, number of shares to be offered and the price of the issue. If it is through a QIP, identity of the investors will also be a crucial factor.

Published on December 14, 2019

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