IVRCL LTD - Outcome of Board Meeting (Rights Issue)

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30 May 2014
IVRCL Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 30, 2014, inter alia, has transacted the following:<br/><br/>1. The Board has not recommended any Dividend due to inadequacy of profits.<br/><br/>2. Subject to the requisite Statutory and Regulatory approvals and other consents/ approvals as may be necessary, the Board of Directors approved raising of funds upto an amount of Rs. 300 Crores by way of equity/other permissible securities either on rights basis/other modes. A Committee has been constituted in this regard.
View all announcements for IVRCL LTD	Source: BSE India

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