Hindustan Copper to consider fund raising via QIP issue and debt securities issue

The Board of Hindustan Copper Limited (HCL) will consider on 25 June 2021 fundraising by the issue of equity shares through QIP

Hindustan Copper to consider fund raising via QIP issue and debt securities issue

New Delhi: The Board of Hindustan Copper Limited (HCL) will consider on 25 June 2021 fund raising by the issue of equity shares through QIP to the extent of 10.48% (15% Less 4.52% already raised) of existing paid-up equity capital of the Company in one or more trenches for funding the Capex plans (ii) to issue and allot secured or unsecured non-convertible debentures or bonds on private placement basis.