New Delhi-headquartered Shiv Vani Oil & Gas Exploration Services has decided to raise Rs 600 crore through various domestic and international fund raising routes.

The company has informed that it board of directors has approved the raising of Rs 600 crore through Global Depositary Receipt, American Depository Receipt and Foreign Currency Convertible Bond, Shiv Vani Oil & Gas Exploration Services.
   
From the domestic market, the company intends to raise money through preferential issue of shares and qualified institutional placement.    

It should be noted that the board of directors and shareholders of the company will meet on July 10 for obtaining shareholders' approval in respect to the aforesaid issue of securities.    

Shares of Shiv Vani Oil & Gas Exploration Services were closed today at Rs 319, up 2.72 per cent on the BSE.