Srikalahasthi Pipes eyes on fund raising

The board of Srikalahasthi Pipes will meet on Saturday to consider raising of funds via issue of securities through public or private placement, including but not limited to qualified institutions placement ( QIP ) or through any other permissiable mode. Investors would be interested to know the quantum of funds that the company plans to raise and the price of the issue. Shares of Srikalahasthi Pipes, formerly known as Lanco Industries, will remain in focus on Tuesday.