Hindustan Copper gets nod from SEBI to raise capital

By way of QIP issue

Hindustan Copper announced that SEBI has permitted the Company to raise capital by issue of equity shares to the extent of 10% of the present paid up equity capital of the Company by utilizing QIP as a method under Clause 2 (vii) of the SEBI Circular CIR/CFD/CMD/14/2015 dated 30 November 2015 so as to achieve minimum level of public shareholding as required under Rule 19A of the Securities Contracts Regulation (Rules), 1957.

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