HMPL board approves Rs 486 crore fundraising plan
The board has approved fundraising of Rs 4,860 million through issuing and allotting up to 1.62 crore fully convertible warrants to the persons belonging to the 'non-promoter' and 'public' category on a preferential basis at an issue price of Rs 300 per warrant, the company said.
The plan was approved by the board of the company at a meeting on Friday, HMPL said in a regulatory filing. Pic: Pixabay