Hindustan Construction Company (HCC) is planning to raise Rs 1,000 crore through issue of securities. The Annual General Meeting (AGM) of the company will be held on July 14 during which the shareholders nod would be taken to raise the amount.
In 2015-16 fiscal, the company secured 9 new orders worth Rs 5,764 crore and was the lowest bidder in projects worth Rs 3,701 crore.
HCC is a leader in engineering and construction space. The company has established a vast presence and gained recognition in the sectors of Hydro Power, Water Solutions, Transportation and Nuclear Power.
