Stocks

Trent: Focus on fund-raising plans

| Updated on June 17, 2019 Published on June 18, 2019

 

The board of directors of Trent will meet on Tuesday to consider fund-raising plans. This could be in the form of rights issue, qualified institutional placement, debt issue, preferential issue or any other permissible mode or combination thereof. Shareholders would be interested to know the quantum of funds to be raised and the mode of fund-raising, especially if it is through rights issue or QIP. Besides pricing, entitlement ratio for rights issue will be in focus.

Published on June 18, 2019
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