IL&FS Engineering and Construction Company Ltd to decide on fund raising in next meeting

The Board of Directors of the Company at its meeting held on June 18, 2015 has discussed the issue of equity shares including on preferential basis as per SEBI Regulations.

The Board of Directors decided that further details of the available options need to be examined and accordingly the issue of fund raising options will be decided in the next meeting.

Shares of IL&FS ENGINEERING AND CONSTRUCTION COMPANY LTD. was last trading in BSE at Rs.73.2 as compared to the previous close of Rs. 72.15. The total number of shares traded during the day was 37728 in over 532 trades.

The stock hit an intraday high of Rs. 74.3 and intraday low of 72.7. The net turnover during the day was Rs. 2767019.

Source : Equity Bulls

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