Supreme Infra: Eyes on fund-raising plans

Updated - August 17, 2018 at 09:40 PM.

 

The board of directors of Supreme Infrastructure will meet on Saturday to approve further raising of funds. On July 24, its board had approved raising ₹260 crore through preferential allotment of securities, including equities to various entities; and up to ₹2,000 crore by allotting optionally convertible debentures and optionally convertible redeemable preference shares or compulsorily convertible preference shares. Investors will closely monitor the development.

Published on August 17, 2018 16:10