CorporateBAG Films board approves raising $30mn
Delhi-based BAG Films and Media, a media and entertainment company, today stated that its board has apporved the raising of upto $ 30 million (about Rs 141 crore) through global depository receipts (GDR) or foreign currency convertible bonds (FCCB) or any other security in the international market.
- IRB Infrastructure to raise funds - Sobha Developers rises on plans of raising funds - "We will add more employees in future" - Rural Electrification Corp FPO likely by Feb - Ashok Leyland moves up on sales jump - Nucleus enters alliance with Brazilian Senior Solution
It has also thus approved the increase in authorised capital of the company to Rs 40 crore from Rs 30 crore, the company stated in a release sent to the Bombay Stock Exchange.