Mumbai, July 21: Private carrier Kingfisher Airlines on Tuesday said it will consider raising further share capital of up to Rs 500 crore.
In a filing to the Bombay Stock Exchange, the Vijay Mallya-led firm said its board would meet on July 28 to “consider issue of further share capital up to Rs 500 crore and matters consequential thereto”.
The company did not disclose more details.
Shares of Kingfisher were trading at Rs 49.35, down 3.05 percent in morning trade on the BSE.
—-Agencies