SPML Infra Ltd - Outcome of Board Meeting

SPML Infra Ltd - Outcome of Board Meeting
SPML Infra Ltd has informed BSE that the Board of Directors of the Company at its meeting held on October 22, 2010, have approved raising of funds to the extent of Rs. 175 Crores (Rupees One Hundred Seventy Five Crores Only), by way of Rights issue/ Pubic issue/ Pvt Placement to QIBs/ FCCB/ Pvt Placement basis. The company would now be approaching its shareholders for their consent in this regard.
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