Kridhan Infra Limited to consider fund raising proposal on Oct 20, 2017

A meeting of the Board of Directors of Kridhan Infra Limited will be held on Friday, 20th October, 2017 at the Registered office of the Company to consider the increase in Authorised Capital of the Company.

The Board will consider proposal of fund raising through issuance of equity shares by various means including Preferential Issue / Qualified Institutions Placement / combination thereof in accordance with the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2009 as amended and the Companies Act, 2013.

The Board will also consider any other business with permission of chair.

Shares of Kridhan Infra Limited was last trading in BSE at Rs.95.95 as compared to the previous close of Rs. 90.55. The total number of shares traded during the day was 261462 in over 2071 trades.

The stock hit an intraday high of Rs. 97.2 and intraday low of 90. The net turnover during the day was Rs. 24638737.

Source : Equity Bulls

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