New Delhi, June 28 -- Mukul Agrawal-owned multibagger stock PTC Industries will remain in focus on Monday, 29 June, after the company's board approved a series of fundraising and borrowing initiatives.

The board has given the green light to raise up to Rs.1,800 crore through various avenues, including a qualified institutions placement (QIP), a preferential issue, and other permitted methods.

"Raising of funds, aggregating up to Rs. 1800 Crores through Qualified Institutions Placement ("QIP") in terms of Chapter VI of SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018, as amended (the "ICDR Regulations") and/or a Preferential Issue in terms of Chapter V of the ICDR Regulations and/or the issue of share warrants conver...