Alicon Castalloy planning to raise funds
26th Nov 2020

Alicon Castalloy is planning to raise funds by issuance of further equity shares by way of a qualified institutions placement and/or preferential issue and convene an Extra-Ordinary General Meeting of the members of the Company to seek necessary approvals.

The meeting of the Board of Directors of the Company will be held on December 02, 2020 to inter alia consider and approve the raising of funds.

Alicon Castalloy (Alicon) is one of India’s largest integrated manufacturers of aluminum castings.