08.17.06
Varun Shipping to raise Rs 2,500 crore in the market
Varun Shipping to raise Rs 2,500 crore in the market
Varun Shipping said on Monday its board had approved raising Rs 2,500 crore through an issue of securities from the domestic and overseas markets. The board also decided to raise the limit of foreign institutional investor holding to 49%, the company said in a statement.