HCC board approves Rs 1,500 Cr equity/GDR/FCCB issue

2009 May 26

by Bhaskar

Hindustan Construction Company has informed that the Board of Directors of the company has accorded approval for raising of long term funds by way of issuance of Equity Shares /GDRs / FCCBs and / or such other Securities for an amount not exceeding Rs 1500 crore through Qualified Institutional Placement / GDR Offering / FCCB Offering etc

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DISCLAIMER : Stock trading involves high risk and one can lose Substantial amount of money.The recommendations made herein Do not constitute an offer to sell or solicitation to buy any of the Securities mentioned. No representations can be made that recommendations contained herein will be profitable or they will Not result in losses. Readers using the information contained herein are solely responsible for their actions. The information is obtained from sources deemed to be reliable but is not guaranteed as to accuracy and completeness. The above recommendations are based on technical analysis only.

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HCC board approves Rs 1,500 Cr equity/GDR/FCCB issue

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