Brigade Enterprises Ltd Board Meeting to consider proposal for fund raising

A meeting of the Board of Directors of Brigade Enterprises Ltd is scheduled to be held on Tuesday, 25th April, 2017 to discuss the current state of the real estate industry and explore fund raising options by way of Global Depository Receipts, American Depository Receipts or public issue or private placement or rights issue or preferential allotment or Qualified Institutional Placement or any other permitted mode, through domestic and / or international offerings as may be permitted under applicable law, subject to such approvals as may be required, and to approve ancillary actions for the above mentioned fund raising.

Shares of BRIGADE ENTERPRISES LTD. was last trading in BSE at Rs.237.05 as compared to the previous close of Rs. 234.05. The total number of shares traded during the day was 4490 in over 182 trades.

The stock hit an intraday high of Rs. 240.3 and intraday low of 236. The net turnover during the day was Rs. 1068320.

Source : Equity Bulls

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