Austral board to meet on Sept 3; to consider raising $200mn
Metallurgical coke maker Austral Coke today said its board will meet on September 3 to consider raising USD 200 million (nearly Rs 970.22 crore) by private placement of shares with qualified institutional buyers.
By PTI |
MUMBAI: Metallurgical coke maker Austral Coke on Monday said its board will meet on September 3 to consider raising USD 200 million (nearly Rs 970.22 crore) by private placement of shares with qualified institutional buyers.
The board would also consider bonus issue and to increase the authorised share capital of the company, Austral Coke said in a filing to the Bombay Stock Exchange.
Shares of Austral Coke were trading at Rs 56.20 on the BSE, up 9.55 per cent from previous close.
The board would also consider bonus issue and to increase the authorised share capital of the company, Austral Coke said in a filing to the Bombay Stock Exchange.
Shares of Austral Coke were trading at Rs 56.20 on the BSE, up 9.55 per cent from previous close.
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