Ramco Systems not to come out with rights issue

R. Y. Narayanan Updated - December 22, 2011 at 01:03 PM.

Ramco Systems Ltd’s board of directors has decided not to proceed with the proposed rights issue on account of unfavourable market conditions and approved the withdrawal of the draft letter of offer filed with SEBI on November 18, 2010.

Published on December 22, 2011 07:32