What to Watch. LGB Forge: Eyeing fund-raising options

Updated - April 09, 2018 at 10:17 PM.

Shares of LGB Forge, a demerged entity from LG Balakrishnan & Bros, will remain in focus, as the board of directors of the company is meeting on Tuesday to consider various fund-raising options. Investors would be keen to know the quantum of funds that the company plans to raise. Besides, the timing of the issue, mode of fund-raising (equity or debt), and if it would be through equity, then will it be via rights/ADR/GDR or through an offer-for-sale, will also attract marketmen’s attention.

Published on April 9, 2018 16:47