Board approves Rights Issue of Equity Shares (EGM on Nov 11, 2013)
IL&FS; Engineering and Construction Company Ltd has informed BSE that the Board of Directors of the Company at its meeting held on October 09, 2013, had approved the issue of Equity Shares of face value of Rs. 10 each to the existing Equity Shareholders on Rights basis (Rights Issue), up to Rs. 300 Crores, at a price of 7.5% less than the closing price of the share at NSE on October 09, 2013, subject to all applicable statutory and regulatory approvals....10-10-2013