Board of Cambridge Technology Enterprises approves raising of funds up to USD 50 million

Capital Market 

At meeting held on 24 May 2017

Enterprises announced that the Board of Directors of the Company at its meeting held on 24 May 2017 has approved to raise funds by the Company for an aggregate amount up to USD 50 million or equivalent thereof in one or more foreign currency and/or Indian rupees, through public or private placement by way of QIP / FCCBs / ADRs/ GDRs or any other mode subject to approval of shareholders and regulatory/ statutory approvals.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

Board of Cambridge Technology Enterprises approves raising of funds up to USD 50 million

At meeting held on 24 May 2017

At meeting held on 24 May 2017

Enterprises announced that the Board of Directors of the Company at its meeting held on 24 May 2017 has approved to raise funds by the Company for an aggregate amount up to USD 50 million or equivalent thereof in one or more foreign currency and/or Indian rupees, through public or private placement by way of QIP / FCCBs / ADRs/ GDRs or any other mode subject to approval of shareholders and regulatory/ statutory approvals.

Powered by Capital Market - Live News

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

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