Corporate News 10-Jun-23
Board of Titagarh Wagons approves preferential issue of up to 76 lakh shares
At meeting held on 10 June 2023
The Board of Titagarh Wagons at its meeting held on 10 June 2023 has approved raising of funds through issuance of upto 76,00,000 equity shares of face value Rs. 2/- each of the Company to Smallcap World Fund Inc. (Proposed Allottee), a part of Capital Group, one of the largest financial investors, on preferential basis at a price of Rs. 380/- per share as against floor price of Rs. 347.68 per share.
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