Spml Infra

SPML Infra promoters to infuse over ₹177 crore; Vijay Kedia ups stake

Leading water and energy infrastructure company SPML Infra on Monday said its promoters will infuse around Rs 177 crore to boost its growth capital. The company has also raised around Rs 5.75 crore from non-promoter entities through a preferential issue and converted debt of Rs 7.16 crore from National Asset Reconstruction Company Ltd (NARCL) into equity, a statement said on Monday. "The company has allotted 6,93,999 equity shares and 95,39,449 convertible warrants on a preferential basis, in a move aimed at raising fresh growth capital and converting existing debt into equity," it said. The equity shares were issued at a price of Rs 186 per share, including a premium of Rs 184 per share, while the warrants were also priced at Rs 186 each. The warrants have been allotted to a mix of promoter group entities and non-promoters, including an entity related to noted investor Vijay Kedia, the company said. After the full conversion of warrants, total stake of Kedia and his associates wil

SPML Infra share price zooms 10% on winning ₹207-crore JV project

SPML Infra shares surged 10 per cent after it bagged a ₹207 crore joint venture project from the Public Health Engineering Department of Rajasthan

₹385-cr order win lifts SPML Infra share price 6% today; key details inside

SPML Infra share price soared today after the company announced that it has bagged a project worth ₹385 crore for the water production & supply system for Kekri-Sarwar Sector Package-III in Rajasthan.

SPML Infra's inflection point

If the company clears the stringent S4A, this could be its virtual reincarnation

SPML Infra bags new orders worth Rs 800 cr

The order for solar power projects is in line with the company's efforts to develop renewable energy source

SPML Infra soars 20% on winning orders worth Rs 800 crore

The company secured new orders worth Rs 461 crore order of 3 package from Power Grid Corporation of India.

SPML Infra bags orders worth Rs 1,275 cr from Rajasthan govt

These projects are envisaged as decentralised sewage treatment projects similar to the ones being proposed under Namami Gange program