Tata Power Company Ltd board to consider fund raising proposal on July 2, 2020

A meeting of the Board of Directors of Tata Power Company Ltd is scheduled on 02/07/2020, to consider and approve the proposal for raising funds by way of issue of one or more instruments including equity shares, convertible securities of any description or warrants or debt securities, through preferential issue, private placements, rights issue or any other methods or combination thereof as may be permitted under applicable laws, subject to such regulatory/statutory approvals as may be required, including the approval of the shareholders of the Company.

Shares of TATA POWER CO.LTD. was last trading in BSE at Rs.44.7 as compared to the previous close of Rs. 46.35. The total number of shares traded during the day was 1713913 in over 2989 trades.

The stock hit an intraday high of Rs. 47.2 and intraday low of 44.5. The net turnover during the day was Rs. 78516599.

Source : Equity Bulls

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