Provogue India to raise Rs.250 Crores through Preferential Issue

Provogue India Ltd has announced that the Board of Directors of the Company at its meeting held on December 01, 2006 has decided to raise Rs 250 Crores through the preferential issue of equity shares / Full Convertible Debentures (FCDs)/ Partly Convertible Debentures (PCDs) or any other financial instruments which would be convened into or exchanged with equity shares at a later date to Qualified Institutional Buyers (QIBs) / Promoter / Promoter Group / Investors.

Source : Equity Bulls

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