Secondary Issues

Telecom infra firm HFCL to raise Rs.750-Cr through share sale

Mint  

The board of optical fiber cables, optical transport, power electronics and broadband equipment maker HFCL Ltd has approved a proposal to raise funds to the tune of INR 750 crore through a preferential issue, public issue, rights issue or QIP. The plan will now be tabled during the upcoming AGM.

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