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KEC International to raise Rs 500 crore via NCDs

09 May 2019 Evaluate

KEC International has received approval to raise funds through issuance of Non-Convertible Debentures (NCDs) for an amount of upto Rs 500 crore, on private placement basis. The Board of Directors of the Company at its meeting held on May 08, 2019 has approved the same.

KEC International is a global infrastructure EPC major. It has presence in power transmission and distribution, cables, railways, water, renewables and civil.

Peers
Company Name CMP
Larsen & Toubro 3699.10
Kalpataru Projects 1393.45
NCC 125.10
Rail Vikas Nigam 190.50
KEC International 369.70
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