Public Market Secondary Issues
Telecom infra firm HFCL to raise Rs.750-Cr through share sale
Source Mint (opens in a new tab)
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.