Tuesday, 27 June 2017
On 6/27/2017 12:22:00 pm by Suhani Varma in Accurate Stock Tips, best intraday tips provider, best stock tips, Equity Tips, Indian stock tips, intraday tips, Premium Equity Tips, Share advisory, Shares Tips, Stock Option, ways2cap Premium Equity Tips No comments

Cadila Healthcare Limited announced that its board of directors has approved in-principle to raise funds by issue of equity shares/ convertible bonds/debentures through qualified institutional placement (QIP)/ global depository receipts (GDR)/American depository receipts (ADR), for an aggregate amount up to Rs 10,000 crore.
The board also approved to issue secured/ unsecured redeemable non-convertible debentures/ foreign currency bonds on private placement basis for an amount up to Rs 3,500 crore in the FY18. Further, the board also approved to issue foreign currency bond/foreign currency convertible bonds for an amount up to Rs 5,000.
Cadila Healthcare Limited was trading at Rs 530.70, up by Rs 5.60 or 1.07% as at 1100 hours, on Tuesday, on the BSE.
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