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NCC gets nod to raise funds up to Rs 550 crore

14 Dec 2017 Evaluate

NCC has received an approval for raising funds of up to Rs 550 crore by way of issue of securities including, but not limited to Equity Shares and/or American Depository Receipts and/or Global Depository Receipts and/or any other securities convertible into Equity Shares, through qualified institutional placement (QIP) / Rights Issue/ follow on public offering or any other permissible mode or any combination thereof, as may be permissible under applicable laws. The Board of Directors of the company at its meeting held on December 13, 2017 approved the same.

NCC is engaged in development of real estate. The company’s projects stand on credentials of its work in various sectors such as Housing, Transportation, Power, water, Metals and Oil and gas.

NCC Share Price

160.50 5.05 (3.25%)
16-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Larsen & Toubro 4117.35
Rail Vikas Nigam 293.65
NCC 160.50
KEC International 569.25
Kalpataru Projects 1205.50
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