Mefcom Agro Industries Board to approve fund raising proposal

Mefcom Agro Industries Ltd has announced that a meeting of the Board of Directors of the Company will be held on December 13, 2006, to approve the plans to raise upto Rs 100 Crores by way of debt and fresh issue of equity shares / convertible debentures / convertible preference Shares / Foreign currency convertible bonds (FCCBs) to Domestic Investors including but not limited to Institutional Buyers, Mutual Funds, Banks, Insurance Companies and Corporate Bodies.

Source : Equity Bulls

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