CESC Ltd to consider raising $150 million

A meeting of the Board of Directors of CESC Ltd will be held on September 22, 2014, for considering a proposal for raising equity aggregating up to US $150 million on private placement basis and on such terms and conditions as may be decided in due course.

For the above purpose, concerned persons covered in terms of the Code of Internal Procedures For Trading in CESC Securities have been advised not to directly or indirectly deal in CESE Shares till end of the day on September 23, 2014.

Shares of CESC LTD. was last trading in BSE at Rs.790 as compared to the previous close of Rs. 790. The total number of shares traded during the day was 37464 in over 2849 trades.

The stock hit an intraday high of Rs. 808.45 and intraday low of 778. The net turnover during the day was Rs. 29811662.

Source : Equity Bulls

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