The board of Jindal Steel & Power will meet on Thursday to consider various modes of fund-raising via preferential allotment of securities to different entities, including promoters and promoter group entities. Investors will watch the quantum, price and mode of fund raising. Promoters hold 61.89 per cent stake in the company, while institutions and non-institutions hold 19.39 per cent and 18.72 per cent shares, respectively.
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.