The board of Supreme Infrastructure will meet on Wedneday to finalise the issue modalities to raise ₹250 crore. The funds will be raised either through a rights issue, qualified institutional placements or preferential issue.
Besides modalities, investors will closely monitor the price of the issue, be it rights or QIP, and entitlement ratio in the case of rights issue. The board will also approve the notice for convening the EGM.
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