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IVRCL gets nod to raise funds up to Rs 300 crore

31 May 2014 Evaluate

IVRCL has received an approval for raising of funds up to an amount of Rs 300 crore by way of equity/other permissible securities either on rights basis/other modes. The board of directors at its meeting held on May 30, 2014 has approved for the same. A committee has also been constituted in this regard.

IVRCL is engaged into engineering procurement and construction (EPC) activities in India. It conducts operations in 5 sectors namely Water and Environment, Transportation, Buildings, Power and Industrial Structures.

Peers
Company Name CMP
Larsen & Toubro 4054.00
Rail Vikas Nigam 307.25
NCC 165.10
KEC International 580.10
Kalpataru Projects 1263.55
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