KEC International has received an approval to raise funds for refinancing of debt, long term working capital requirements, capex and other corporate purposes, by way of issuance of redeemable non-convertible debentures / Bonds, on private placement basis.
The board of directors at their meeting held on October 28, 2015 has approved for the same. The above is however subject to approval of the members by passing a special resolution.
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.
