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V-Guard board to meet next week to consider fund raising

Consumer electrical and electronics appliances maker V-Guard Industries on Tuesday said its board will meet next week to consider a…

V-Guard board to meet next week to consider fund raising

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Consumer electrical and electronics appliances maker V-Guard Industries on Tuesday said its board will meet next week to consider a proposal of raising funds.

“A meeting of the board of Directors of V-Guard Industries scheduled on January 22 will … consider the proposal of raising funds,” V-Guard Industries said in a regulatory filing.

The company, however, did not elaborate on the quantum of funds it plans to raise.

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Shares of V-Guard settled 0.02 per cent lower at Rs 232.50 per scrip on BSE on Tuesday.

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