Binani Ind to consider fund raising on Jan 19

Binani Ind to consider fund raising on Jan 19
09 January 2008


Binani Industries Ltd said on Tuesday its board will meet on January 19 to consider raising upto $125 million through the equity or debt route by its subsidiary, Binani Cement Ltd.   
 
The fund will be used for capacity expansion and overseas acquisition, it said in a statement.  Published under Cement News