ABG Shipyard to raise $100 mn in domestic

MUMBAI: ABG Shipyard Ltd on Thursday said it will raise $100 million through the issue of various financial instruments in domestic and international markets. The shareholders at the extraordinary general body meeting held today authorised the board to raise 100 million dollar through the issue of equity shares, bonds, global depository receipts or other financial instruments by way of public, private or preferential allotment basis, the Surat-based company informed the Bombay Stock Exchange.