New Delhi, Sep 28 (PTI) Healthcare major Apollo Hospitals Enterprise Friday said it has received shareholders’ nod to raise up to Rs 500 crore through issuance of non-convertible debentures on a private placement basis. Also Read - Coriander futures rise 0.19% on firm demand
The company was seeking approval from the shareholders to “offer or invite subscriptions for secured / unsecured redeemable non-convertible debentures, in one or more series / tranches, aggregating up to Rs 5,000 million on a private placement basis,” Apollo Hospitals said in a BSE filing. Also Read - USFDA completes audit of Dr Reddy's Shreveport plant in US with zero observations
A total of 99.94 per cent of the votes polled were in the favour of the resolution, it added. Also Read - Panasonic India eyes 15% AC sales growth to Rs 1,400 cr next fiscal
Shares of Apollo Hospitals Enterprise today closed at Rs 1,050 per scrip on BSE, down 1.93 per cent from its previous close.
This is published unedited from the PTI feed.