The board of directors of Tilaknagar Industries will meet on Thursday to consider and approve preferential issue of equity shares to investors for raising of additional capital and to discuss/finalise preferential issue to the lender towards conversion of part of the loan into equity shares.
Shareholders will closely monitor the price of the issue and the number of shares to be offered by the company. The stock of Tilaknagar Industries closed at ₹15.05, up 4.88 per cent on the NSE.
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.