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.
What to watch. Jindal Power: Eyes on fund raising plans
Published on
March 29, 2017 15:35