GVK Power & Infrastructure’s board of directors at its meeting held on May 29, 2014, has approved the resolution to raise Rs 1,000 crore through the sale of shares to qualified institutional investors.
GVK Power & Infrastructure is engaged in infrastructure development in areas of power, airports and roads. Incorporated in 1994, the company till date has invested over Rs 5,000 crore in infrastructure projects.
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Friday 30 May 2014
GVK Power & Infrastructure gets nod to raise Rs 1,000 crore via sale of shares
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