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IL&FS may subscribe to rights issue of Resource Generation
July 2013
The proposed rights issue of Resource Generation in its South African coal mining project Boikarabelo mine would be subscribed by IL&FS Energy Development Co along with its partner, reports indicate. If existing investors don’t show much interest in the issue, IL&FS Energy, along with two other investors, committed to acquire up to 80 percent of the issue or any shortfall
IL&FS may subscribe to rights issue of Resource Generation
July 2013
The proposed rights issue of Resource Generation in its South African coal mining project Boikarabelo mine would be subscribed by IL&FS Energy Development Co along with its partner, reports indicate. If existing investors don’t show much interest in the issue, IL&FS Energy, along with two other investors, committed to acquire up to 80 percent of the issue or any shortfall
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