Kalyani Steels to raise Rs 45 crore

Kalyani Steels Ltd has announced that the Board of Directors of the Company at its meeting held on July 28, 2009, inter alia, has approved issue of Secured Redeemable Non-Convertible Debentures, aggregating to Rs 450 Million, on Private Placement basis, which debentures will be listed on NSE / BSE. The issue is being made to augment fund requirements for general corporate purposes.

Source : Equity Bulls

Keywords