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Jain Irrigation Systems Ltd Approves Issue To Raise INR610 Crore (INR6.1 Billion)-Business Standard


Tuesday, 16 Oct 2012 06:16am EDT 

Business Standard reported that Jain Irrigation Systems Ltd has approved the raising of about INR610 crore (INR6.1 Billion) through a combination of preferential issue and foreign currency bonds. The Company has approved a preferential issue of 4.97 crore shares of INR80 each to non-promoters to raise about INR398 crore and raising $40 million (around INR211.76 crore) through FCCBs. 

Company Quote

102.4
-0.2 -0.19%
6:26am EDT