IHCL to raise Rs.1,000 crore via rights issue

Taj Hotels Resorts and Palaces, in a filing to BSE said it will raise the money through compulsory convertible debentures

Travel News
Travel News

Indian Hotels Co. Ltd plans to raise up to Rs.1,000 crore from its shareholders through a rights issue.

Indian Hotels, which runs Taj Hotels Resorts and Palaces, in a filing to BSE said it will raise the money through compulsory convertible debentures.

It did not say why it is raising the funds.

» Read Complete News.....

(You need to login first to read complete news).
New User? Register for FREE!

» Back to Travel News

Advertisement