HPC Biosciences to raise funds via right issue

HPC Biosciences at its meeting held on April 29, 2014 has decided to raise the funds through issue of Equity Shares on Right Basis and considered and approved the right issue in the ratio of 1 (one) Equity Shares for 2 (two) Equity Shares held by the existing Shareholders of the Company.

HPC Biosciences Ltd has informed BSE that the Board of Directors of the Company at its meeting held on April 29, 2014 has decided to raise the funds through issue of Equity Shares on Right Basis and considered and approved the following:"The Right Issue in the ratio of 1 (one) Equity Shares for 2 (two) Equity Shares held by the existing Shareholders of the Company."Source : BSE

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