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BRIEF-K M Sugar Mills to consider raising of funds of 500 mln rupees by way of QIP
November 7, 2016 / 9:32 AM / a year ago

BRIEF-K M Sugar Mills to consider raising of funds of 500 mln rupees by way of QIP

Nov 7 (Reuters) - K M Sugar Mills Ltd

* To consider raising of funds of INR 500 million by way of issue of shares on preferential basis

* To consider issue of non-convertible redeemable debentures for INR 40 million pursuant to exit from CDR

* To consider raising of funds of INR 500 million by way of issue of shares through qualified institutional placement Source text: bit.ly/2fKwqQ7 Further company coverage: (Bengaluru newsroom)

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