Saturday, December 06, 2025 | 04:47 PM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

Board of Hindustan Copper to consider fund raising via QIP issue

Image

Capital Market

On 29 October 2020

The Board of Hindustan Copper will meet on 29 October 2020 to consider the overall borrowing limit of Rs. 2,500 crore for all types of borrowings / loans including bonds, and raising funds by issue of equity shares through Qualified Institutional Placement method to the extent of 15% of existing paid up equity capital in one or more tranches and Recommending to the Ministry of Mines to modify object clause of the QIP from expansion /capex plan to general corporate purpose including ongoing expansion /capex plan.

Powered by Capital Market - Live News

 

Disclaimer: No Business Standard Journalist was involved in creation of this content

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Oct 22 2020 | 9:54 AM IST

Explore News