Sanghi Ind: eyes on result, fund-raising plans

The board of directors of Sanghi Industries will meet on Wednesday to consider the unaudited financial results for the quarter ended June 30. The board will also consider raising of funds by issue of equity shares and/or non-convertible debentures and/or other securities, as may be permitted, by way of a public or private offering, including through a qualified institutional placement or any combination thereof. Investors will monitor the quantum and mode of fund-raising.