New Delhi

The board has given nod to raising funds by way of rights issue, Qualified Institutions Placement and on preferential allotment basis, an issue of GDRs, ADRs, FCCBs, FCEBs and any other securities, the company said in a regulatory filing.

It also approved constituting a committee of directors and authorising the panel to determine all matters including calling a general meeting of the members of the company in connection with issue of securities. Appointment of ICICI Securities as the sole lead manager for the fund raising activities, was also approved by the board, it said.

Visit news.dtnext.in to explore our interactive epaper!

Download the DT Next app for more exciting features!

Click here for iOS

Click here for Android