Man Infraconstruction Limited (BSE:533169) said its board will meet on November 29, 2023 to consider the proposal for raising of funds by way of issue of one or more of instruments comprising of equity shares, etc. Shares of Man Infraconstruction (ManInfra) hit a new high of INR 178.95, as they rallied 12% on the BSE in November 23, 2023 intra-day trade on the back of heavy volumes after the company said its board will meet on November 29, 2023 to consider a proposal for raising funds. In an exchange filing, ManInfra said the board will consider the proposal for raising funds by way of issue of one or more of instruments comprising of equity shares, convertible securities of any other description or warrants or debt securities, through Private Placement/Preferential Issue/Qualified Institutions Placement or such other methods or combinations thereof as may be decided by the board.