Mumbai, April 15 -- The official announcement was made after market hours on 11 April 2025.

The fundraising proposal will be considered at the company's board meeting on 24 May 2025 and will be subject to shareholder approval at its upcoming 31st annual general meeting (AGM), if approved by the board.

At the same meeting, the board will also review and approve the audited standalone and consolidated financial results for the quarter and financial year ended 31 March 2025, which will be used for filings with stock exchanges.

Additionally, the board will consider recommending a final dividend on equity shares for FY 2024-25, subject to shareholder approval. The proposed issuance of Rs 500 crore in NCDs may be carried out in one or more t...