PSP Projects has received an approval for raising of funds in aggregate up to Rs 300 crore by way of further public offer, rights issue, American Depository Receipts/Global Depository Receipts/Foreign Currency Convertible Bonds, qualified institutions placement, debt issue, preferential issue or any other permissible mode or combinations. The company’s board at its meeting held on October 22, 2019 has approved the same.
PSP Projects, the Ahmedabad-based firm is a multi-disciplinary construction firm and provides its services ranging from planning and design to construction and post-construction activities.