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Simplex Infrastructures gets approval to raise Rs 500 crore via NCDs

16 Aug 2018 Evaluate

Simplex Infrastructures has received approval to raise funds through issuance and allotment of secured/unsecured Non-Convertible Debentures (NCDs) not exceeding Rs 500 crore. The Board of directors of the company at their meeting held on August 14, 2018, approved the same.

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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