GPT Infraprojects has received an approval to raise funds by way of issue of equity shares and / or other securities up to Rs 75 crore subject to approval of shareholders by way of special resolution through postal ballot. The board of directors at its meeting held on August 10, 2016 has approved for the same.
GPT Infraprojects is an infrastructure company. It offers civil construction projects for infrastructure work such as railways, roads, airports, irrigation and urban infrastructure. The firm also has manufacturing facilities for railway concrete sleepers.