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News & Analysis » India

Koutons Retail To Consider Fund Raising

September 2, 2010, Thursday, 16:04 GMT | 11:04 EST | 20:34 IST | 23:04 SGT

(RTTNews) - Apparel retailer Koutons Retail (India) today said it has convened a board meet on September 4 to consider raising funds through a public issue and/or on a private placement basis, including a qualified institutional share placement. The board will also recommend divided for the financial year 2009-10.

On the BSE, shares of the company are now trading at Rs.310, up 1.41% on a volume of 6,862 shares.