Birla Precision Technologies Ltd has informed that the Board of Directors of the Company at its meeting held on July 04, 2008, has approved the following:
1. Raising of further funds to the extent of Rs 150 crores by way of FCCB / ADR / GDR / QIP, etc.
2. Increase in limits for FII investment to 74%.The approval of the members for the aforesaid matters will be taken in the ensuing Annual General Meeting.
1. Raising of further funds to the extent of Rs 150 crores by way of FCCB / ADR / GDR / QIP, etc.
2. Increase in limits for FII investment to 74%.The approval of the members for the aforesaid matters will be taken in the ensuing Annual General Meeting.
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