Bharat Wire Rope’s board will consider the fund raising proposal on March 9,2018.

The company in its board meeting which is scheduled to be held on March 9, to consider and approve raising of funds by way of issue of securities including but not limited to equity shares and/or american depository receipts (ADR) and/or global depository receipts (GDR) and/or any other securities convertible into equity shares and/or non-convertible debentures with or without warrants, via further public offer (FPO)/ qualifies institutional placement (QIP)/ preferential issue (PI)/ right issue (RI) or through, any other permissible mode or a combination thereof, as may be permitted under applicable laws, subject to approval of the members of the company, if required and other appropriate approvals.

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