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KEC International raises Rs 75 crore on private placement basis

22 Aug 2014 Evaluate

KEC International has raised an amount of Rs 75 crore on private placement basis. The company has allotted 750 secured, rated, listed, redeemable, non-convertible debentures (NCDs) of the face value of Rs 10 lakh to HDFC Trustee Company A/c HDFC Corporate Debt Opportunities Fund.

KEC International is a global infrastructure Engineering, Procurement and Construction (EPC) major. It has a presence in the verticals of power transmission, power systems, cables, railways, telecom and water.

Peers
Company Name CMP
Larsen & Toubro 3860.00
Kalpataru Projects 1447.10
NCC 137.00
Rail Vikas Nigam 210.30
KEC International 402.50
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