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Simplex Infrastructures gets nod to raise funds through QIP

19 May 2018 Evaluate

Simplex Infrastructures has received approval to raise funds worth Rs 40,220 lakh through Qualified Institutional Placement (QIP). The Board of Directors at their meeting held on May 19, 2018, approved to allot 70,68,490 equity shares. 

Simplex Infrastructures is engaged in the business of contract constructing infrastructural facilities. The company’s segments include Construction business and others.


Peers
Company Name CMP
Larsen & Toubro 3773.00
Kalpataru Projects 1452.60
NCC 128.45
Rail Vikas Nigam 198.80
KEC International 375.10
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