Shree Cement to raise over Rs.20 bn through QIP
Cement

Shree Cement to raise over Rs.20 bn through QIP

Shree Cement is at an advanced stage of raising more than Rs.20 bn through a qualified institutional placement (QIP) offering. The money will be used for capital expenditure and debt reduction, and is reportedly being managed by JM Financial and ICICI Securities as advisors for the QIP. ...

Shree Cement is at an advanced stage of raising more than Rs.20 bn through a qualified institutional placement (QIP) offering. The money will be used for capital expenditure and debt reduction, and is reportedly being managed by JM Financial and ICICI Securities as advisors for the QIP. Contact: Diwakar Payal, President-Marketing, Shree Cement.Address: Bangur Nagar, Beawar-305 901, Ajmer, Rajasthan.Tel: 01462-228 101.E-mail id: shreebwr@shreecement.comWebsite: www.shreecement.com

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