IL&FS Engineering and Construction Company is eyeing to raise up to Rs 500 crore at a board meeting scheduled for August 11. The board of directors of the company may consider additional fund raising options for an amount up to Rs 500 crore. The board may also consider seeking shareholders’ approval for the same at the ensuing Annual General Meeting of the company.
IL&FS Engineering and Construction Company is one of the leading multi-national infrastructure development, construction and project management companies. The company executes projects under various domains such as buildings and structures, roads, railways, irrigation, power, ports and oil & gas.
