INDIA MARKET LENS
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Aegis Logistics shares fall 3% despite Rs 6,000 crore fundraise plan

Indian markets moved higher.

· Business Today Mkts, Business Standard Mkts

Aegis Logistics' board approved an increase in the company's borrowing limits under Section 180(1)(c) of the Companies Act, 2013, to an aggregate amount of up to Rs 6,000 crore.

  • The immediate tone of coverage reads negative.