Bloomberg the Company

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Follow Us

Industry Products

IVRCL Plans to Raise Funds for Two Units, DNA Money Reports

Don't Miss Out —
Follow us on:

Aug. 23 (Bloomberg) -- IVRCL Infrastructure and Projects Ltd. plans to raise funds for two of its units, DNA Money reported, citing the chairman of one of the units.

It will raise 6 billion rupees ($129 million) through a qualified institutional placement for IVRCL Assets and Holdings Ltd. and 2.5 billion rupees for Hindustan Dorr-Oliver Ltd., the newspaper said, citing E. Sudhir Reddy, chairman of IVRCL Assets.

Link to Company News:{HDOR IN <Equity> CN <GO>} Link to Company News:{IVR IN <Equity> CN <GO>} Link to Company News:{IVRC IN <Equity> CN <GO>}

To contact the reporter on this story: Madelene Pearson in Mumbai at mpearson1@bloomberg.net

To contact the editor responsible for this story: Victoria Batchelor at vbatchelor@bloomberg.net