Autoline Industries said on Tuesday that its board of directors discussed various avenues of raising funds to meet the funding requirements of the company including full disinvestment of stock/ shares in Autoline Industries., USA and decided to meet in coming fortnight to discuss this further.

"The trading window for dealing in securities of the company will remain closed till further notice as per the company's policy and procedure," the company said.

"Accordingly all the designated employees (including directors) of the company have been intimated not to enter into any transactions involving the securities of the company during the aforesaid period of trading window closure," it added.

Shares of the company gained Rs 3.15, or 4.53%, to settle at Rs 72.70. The total volume of shares traded was 294,814 at the BSE (Tuesday).