News Overview

Record date for Distribution is 11 March 2022

The initial subscription amount of Rs1 lakh towards subscribing to 10,000 equity shares at face value of Rs10/- each.

The rating on long-term bank facilities Rs221 crore has been revised to CARE BBB; Stable.

The Company has been awarded a work order by Rajasthan State Pollution Control Board (RSPCB).

The company’s meeting is to be held on March 9, 2022, to consider the fund-raising plan by issuing of company’s equity shares.

Here is the stock market performance at 10:30 AM today.

The Board of Directors have approved an investment of up to Rs600 crore spread over the first 5 years.

The company will acquire 21,483 shares comprising 11,699 CCPS and 9,784 Equity Shares via a mix of primary infusion and secondary purchase.

With the signing of this PPA, the entire 240 MW capacity of the Kutehr Hydro Electric Project has been tied up on a long-term basis.

IRCON has also completed excavation of about 11 Km in Main Tunnel of T15, on January 18, 2022.