Indian Hotels rights issue meet

Our Bureau Updated - July 04, 2014 at 10:04 PM.

The Rights Issue Committee of Indian Hotels Company will meet on July 9 to fix the record date, issue schedule and the letter of offer in relation to the issue of the compulsorily convertible debentures by way of rights issue. The company plans to raise ₹1,000 crore through the issue. On Friday, shares of Indian Hotels tumbled 2.1 per cent at ₹107.05, on the BSE.

Published on July 4, 2014 16:34