Board to consider proposals on 24 August 2017
Prakash Industries announced its proposal for demerger of PVC pipe division. The Company also plans to issue new FCCBs towards outstanding cash consideration/ obligations of USD 17.85 million to bond holders and raise funds up to Rs 500 crore through QIP and/or preferential allotment. The Board of Directors of the Company will consider all above mentioned matters on 24 August 2017.Powered by Capital Market - Live News
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