Electrotherm to raise Rs 100 cr through equity shares

New Delhi, Aug 10 (UNI) Electrotherm India today said it will raise Rs 100 crore by issue of equity shares and its board will meet on August 16 to consider the issue.

''A meeting of the Board of Directors will be held on August 16, 2006, to consider raising of funds by issue of equity shares through QIP route or any other route upto Rs 100 crore,'' a company statement said.

The comapny will seek the members approval for the same in the forthcoming Annual General Meeting to be held on September 29, 2006.

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