NCC has allotted 92,00,000 equity shares of Rs 2 each at a premium of Rs 117.37 on conversion of warrants issued on preferential basis to AVSR Holdings. Post the aforesaid allotment, the paid up capital of the company has increased to Rs 121.97 crore. The Executive Committee of the Board at its meeting held on January 27, 2020 has 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.