swapna
17-11-2007, 11:08 AM
FMCG major Godrej Industries on Friday said it will raise nearly Rs 600 crore through institutional placement basis.
The company would issue over 2.79 crore equity shares at Rs 215 each aggregating to Rs 599.99 crore in gross proceeds, pursuant to a Qualified Institutional Placement basis.
The board of the company at its meeting held on November 15, approved the issue of shares in accordance with SEBI guidelines.
The company would issue over 2.79 crore equity shares at Rs 215 each aggregating to Rs 599.99 crore in gross proceeds, pursuant to a Qualified Institutional Placement basis.
The board of the company at its meeting held on November 15, approved the issue of shares in accordance with SEBI guidelines.