Reliance Home Finance Ltd to consider fund raising

A meeting of the Board of Directors of Reliance Home Finance Ltd will be held on Thursday, November 9, 2017, to consider and approve the Notice to be sent to Shareholders seeking their enabling authorisation, for raising resources by way of qualified institutions placement of securities. The said enabling authorisation by shareholders shall remain valid for a period of twelve months.

Shares of Reliance Home Finance Ltd was last trading in BSE at Rs.84.3 as compared to the previous close of Rs. 86.2. The total number of shares traded during the day was 130856 in over 2118 trades.

The stock hit an intraday high of Rs. 86.95 and intraday low of 83.4. The net turnover during the day was Rs. 11129013.

Source : Equity Bulls

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