MoneyWorks4Me

Shriram EPC’s board okays Rs 150 crore funds raising plan

01 Jun 2012 Evaluate

Shriram EPC’s board of directors have approved fund raising plan up to Rs 150 crore. The company could raise this fund via rights issue of equity shares, or QIPs, ADRs, GDRs, FCCBs or any other securities convertible into equity shares. The company’s board of directors in their meeting held on May 30, 2012, also approved the same.

Shriram EPC is one of the leading  service providers  of the integrated designs, engineering, procurement, construction and  project management services  for power plants, renewable  energy projects, process and metallurgical plants and municipal service sector projects throughout India and overseas.

Peers
Company Name CMP
Larsen & Toubro 3845.00
Kalpataru Projects 1397.60
NCC 133.45
Rail Vikas Nigam 207.00
KEC International 395.45
View more..