Transport Corp: Eyes on results, fund-raising

The board of Transport Corporation of India will meet on Wednesday to consider and approve the audited financial results for the fourth quarter/FY ended March 31, 2018. On the board’s agenda are fund-raising plans of the company through issuance of securities via any possible conducive route, including QIP/preferential placement/PE funds, etc, it said. Shareholders of the company will closely monitor the mode, quantum and pricing of the fund-raising issue.