MoneyWorks4Me

SPML Infra to sell its investments in Hydro Power and Road assets

19 Sep 2014 Evaluate

SPML Infra has received an approval to sell its investments in Hydro Power and Road assets. The board of directors at its meeting held on September 18, 2014 has evaluated the various options of fund raising available and accordingly approved for the same. The board also approved raising of funds through QIP route for an amount to the extent of Rs 100 crore.

SPML Infra is a single source solution provider for various multi disciplinary engineering and infrastructure services from conceptualization to maintenance in water, power, environment and infrastructure projects.

Peers
Company Name CMP
Larsen & Toubro 3915.00
Kalpataru Projects 1435.05
NCC 141.00
Rail Vikas Nigam 205.00
KEC International 406.45
View more..