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As the end date of Greyhound's lease at its downtown Chicago bus station approaches, the company has begun routing more buses through Gary, a new analysis of bus schedules shows.
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According to a circular uploaded on BSE's website, the company has allotted 87.02 lakh equity shares to 15 funds at Rs 263 apiece, which is also the upper end of the price band. This aggregates the transaction size to Rs 229 crore.
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In a regulatory filing on Friday, the airline said shareholders have given their nod for the special resolution for raising funds of up to Rs 3,000 crore.
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