Board of Sterling and Wilson Renewable Energy to meet on Sept 27 for fundraise
The board of Sterling and Wilson Renewable Energy Ltd (SWREL) will meet on September 27 to consider a proposal to raise funds, the company informed the stock exchange today.
The company has said that the board will meet to consider and evaluate a proposal for raising funds by issuance of bonds or equity. It would consider any other securities such as preferential issue on a private placement basis, qualified institutions placement, rights issue or a combination of these, the notice said
