Simplex Infra gets shareholders' nod to raise Rs 200 crore

Engineering firm Simplex Infrastructures Ltd on Thursday said it has received shareholders' nod to raise up to Rs 200 crore by issuing non-convertible debentures on private placement basis.

PTI| Last Updated: Sep 22, 2016, 19:39 PM IST

New Delhi: Engineering firm Simplex Infrastructures Ltd on Thursday said it has received shareholders' nod to raise up to Rs 200 crore by issuing non-convertible debentures on private placement basis.

The approval was given in the the annual general meeting held on September 20, Simplex said in a BSE filing.

Diversified company Simplex is executing projects in several sectors like transport, energy and power, mining and buildings.

The company has completed over 2600 projects spanning almost all the segment of construction industry.