New Delhi, Jul 24 (PTI) Auto components major Bharat Forge on Friday said its board will meet next week to consider raising of funds.

A meeting of the company's board is scheduled to be held on July 29 to seek approval for raising funds either through term loan, non-convertible debentures or any other instruments as may be appropriate, Bharat Forge said in a regulatory filing.

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The company, however, did not share details about the amount as well the reasons for raising the capital.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)