ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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In the Capital Market

Shiva Suitings is making a 'rights' issue of 6.25 lakh equity shares of Rs 10 each and one lakh 14 per cent secured convertible debentures of Rs 200 each, both at par to meet a part of the finance required for its expansion and diversification project esti-mated to cost Rs 370 lakh. The company is doubling its processing capacity to 240 lakh metres per annum and also setting up a yarn/fibre dyeing plant with a capacity of 360 tonnes per annum.

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