Uttam Galva
Steels has received an approval for raising funds up to Rs 175 crore through
Qualified Institutional Placement (QIP) within the meaning of SEBI (ICDR)
Regulations, 2009. The board at its meeting held on February 26, 2013 has
approved for the same. The board has also approved for increase in FII limit up
to the sectorial cap as per the extant FEMA/RBI Stipulations.
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