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Elecon Engineering plans to raise Rs 150 crore via NCDs

Elecon Engineering plans to raise Rs 150 crore via NCDs

Elecon Engineering Company is planning to raise funds of upto Rs 150 crore through issuance of Non-Convertible Debentures (NCDs) on Private Placement basis. The Board of Directors of the Company at its meeting to be held on December 10, 2018 to consider the same.

Elecon Engineering Company is engaged in delivering power transmission solutions and material handling equipment.

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