Categories: Business National

Reliance Infra to consider issue of securities via QIP


Mumbai, March 11 (IANS) Reliance Infrastructure on Friday announced that its board will meet on March 16 to consider the issue of securities through qualified institutional placement (QIP) to qualified institutional buyers (QIB).

As per the regulator Securities and Exchange Board of India's (SEBI) rules, the trading window for dealing in company securities, consequently, "will remain closed for directors, designated employees and connected persons from close of business hours of March 10, 2017, till March 18, 2017," the company said in a stock exchange filing.

(This story has not been edited by Social News XYZ staff and is auto-generated from a syndicated feed.)

Facebook Comments

About VDC

Doraiah Chowdary Vundavally is a Software engineer at VTech . He is the news editor of SocialNews.XYZ and Freelance writer-contributes Telugu and English Columns on Films, Politics, and Gossips. He is the primary contributor for South Cinema Section of SocialNews.XYZ. His mission is to help to develop SocialNews.XYZ into a News website that has no bias or judgement towards any.

Share

This website uses cookies.

%%footer%%