The board of directors of Cadila Healthcare will meet on Monday to consider a proposal to raise funds by issue of equity shares/convertible bonds/debentures through qualified institutional placement/GDR/ADR. The board will also consider issue of secured/unsecured redeemable NCDs/FCCBs on private placement basis. These proposals, if approved, will have to then get shareholders’ nod. Investors will follow the quantum and mode of funds being planned to raise.
Published on June 23, 2017
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