Hindustan Copper board to contemplate proposal to boost ₹500 crore by way of debentures subsequent week

State-owned Hindustan Copper Ltd.’s board will meet subsequent week to contemplate a proposal to boost as much as ₹500 crore by issuing debentures.

“A gathering of the board of administrators of Hindustan Copper Ltd (HCL) can be held on thirtieth June 2022 to inter alia, contemplate and suggest resolutions searching for approval of the shareholders of the corporate to authorise the board of administrators… to supply, difficulty and allot secured or unsecured non-convertible debentures or bonds on a personal placement foundation as much as ₹500 crore,” the PSU mentioned in a BSE submitting.

The board can even contemplate elevating funds by way of a professional institutional placement methodology, it added.

HCL is a public sector enterprise underneath the executive management of the Ministry of Mines.

It has the excellence of being the nation’s solely vertically built-in copper producing firm because it manufactures copper proper from the stage of mining to beneficiation, smelting, refining and casting of refined copper steel into downstream saleable merchandise.

By- The Hindu



from Tadka News https://ift.tt/eDum1rU
via New Movie Download

Post a Comment

Cookie Consent
We serve cookies on this site to analyze traffic, remember your preferences, and optimize your experience.
Oops!
It seems there is something wrong with your internet connection. Please connect to the internet and start browsing again.
AdBlock Detected!
We have detected that you are using adblocking plugin in your browser.
The revenue we earn by the advertisements is used to manage this website, we request you to whitelist our website in your adblocking plugin.
Site is Blocked
Sorry! This site is not available in your country.