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Aftek to raise 25 mn through securities
New Delhi, Oct 1: Aftek Ltd, a software services firm said its board has approved raising up to 25 million dollars through issue of securities including warrants. The company's Board of Directors, in a meeting on Tuesday, Sep 30 has also recommended a dividend of 25 per cent per equity share of Rs two each, it said in a statement.
Besides, it will also consider restructuring the business, including spinning off potential real estate business.
UNI
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Story first published: Wednesday, October 1, 2008, 18:34 [IST]