The board of Rajoo Engineers Ltd. approved to raise funds worth Rs 225 crore through qualified institutional placements or QIP.
The approved funds will be raised in one or more tranches, subject to the necessary approval from the shareholders of the company, according to an exchange filing on Tuesday.
More than 10 companies will have their shares trade ex-dividend, with actions such as dividend payouts, bonus issues, amalgamations, and stock splits scheduled for the next five days.
Strap: Stocks including Reliance Industries, Adani Ports, Wipro, Hindustan Aeronautics, JSW Infra, DMart, PNC Infra, Sanofi, GSFC and more will be the spotlight on Monday, October 14.