Indian Hotels to consider fund raising options on March 27, 2014

A meeting of the Board of Directors of Indian Hotels Company Ltd will be held on March 27, 2014, to consider various long-term fund raising options for the Company including, an issue of equity shares of the Company and / or equity-linked instruments and / or debentures (the "Securities") to its shareholders on a rights basis, or through a public offer of the Securities or otherwise, as the Board may deem appropriate.

Shares of INDIAN HOTELS CO.LTD. was last trading in BSE at Rs.70.55 as compared to the previous close of Rs. 70.9. The total number of shares traded during the day was 50312 in over 611 trades.

The stock hit an intraday high of Rs. 71.5 and intraday low of 69.3. The net turnover during the day was Rs. 3524515.

Source : Equity Bulls

Keywords