Corporate News 18-Nov-21
Board of Escorts approves preferential issue of shares to Kubota Corporation, Japan
At meeting held on 18 November 2021
The Board of Escorts at its meeting held on 18 November 2021 has approved the raising of equity capital aggregating to Rs 1872.74 crore through preferential issue of 93,63,726 equity shares (Proposed Issue) of face value Rs 10 at Rs 2,000 per share (including a premium of Rs 1,990 for each equity share), to Kubota Corporation, Japan.
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