What to Watch. Eyes on Kesoram’s fund-raising plans

Shares of Kesoram Industries will remain in focus, as the company’s board of directors will meet on Tuesday to consider fund-raising options. Earlier in December, the company’s board had approved plan to raise up to ₹650 crore through QIP or any other instrument convertible into equity, or FCCB. Investors will track the developments, particularly with respect to the price at which the shares would be placed.