Cholamandalam Investment and Finance Company is planning to raise capital upto Rs. 300 crore in one or more tranches. The directors of the company at a meeting held on Thursday, have approved the proposal to raise capital through private placement including qualified institutional placement, the company informed the stock exchanges.
via The Hindu Newspaper http://www.thehindu.com/business/companies/cholamandalam-to-augment-capital/article4245785.ece
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