The board of directors of National Steel and Agro Industries will meet on Wednesday to consider issuance of equity shares to qualified institutional buyers on private placement. The board will also consider increasing of the authorised share capital. Market observers will be interested on the quantum to be raised and the pricing of the issue. Besides, analysts will also likely to know about the purpose of the fund-raising.
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.