The board of Wanbury will meet on Saturday to consider and discuss debt settlement plan, opportunity to raise funds for settlement of debts with lenders and review of operations. Shareholders would be keen to know the quantum of funds to be raised and the mode, whether it would be through equity or debt or a combination of both. If the company opts for equity, shareholders would also be keen to know whether it would be through QIP or rights issue.
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.