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.