KSK Energy Ventures Ltd will seek shareholders’ nod for an enabling resolution which will enable the company raise up to Rs 5,000 crore.
The Hyderabad-based company, engaged in the power sector, in a regulatory filing, has informed that it will seek members’ nod to raise up to Rs 5,000 crore by way of issue of securities at the ensuing annual general meeting.
In another move, it will seek members’ nod for appointment of Savita Jyoti, as additional director, with effect from August 27, 2016, to hold the office of a women director of the company.