IRB Infrastructure Developers To Raise Up To Rs 2,200 Crore Via NCD Issue moneycontrol.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from moneycontrol.com Daily Mail and Mail on Sunday newspapers.
Read more about IRB Infra gains after board hikes fund-raising limit on Business Standard. IRB Infrastructure Developers rose 2.43% to Rs 111.70 after the company said its board has approved the proposal of increasing the limit of raising funds.
The equity benchmarks further extended gains and hit record high levels in mid-afternoon trade. At 14:25 IST, the barometer index, the S&P BSE Sensex, jumped 426.29 points or 0.83% to 51,775.06. The Nifty 50 index spurted 124.70 points or 0.82% to 15,240.50.
The Sensex hit a record high of 51,835.86 and the Nifty hit a record high of 15,257.10 in mid-afternoon trade. Both the indices have gained over 11% in seven straight sessions.
The broader market underperformed the benchmark indices. The S&P BSE Mid-Cap index rose 0.37%. The S&P BSE Small-Cap index gained 0.33%.
The market breadth was negative. On the BSE, 1419 shares rose and 1482 shares fell. A total of 174 shares were unchanged.
MEP Infrastructure Developers Limited receives LOA for fee collection for Badarpur Elevated Plaza
Posted On: 2021-02-04 20:58:01 (Time Zone: Arizona, USA)
MEP Infrastructure Developers Limited ( MEP ) has received the Letter of Award (LOA) dated February 4, 2021 from National Highways Authority of India (NHAI) informing that MEP has been engaged as the Contractor for the collection of user fee through E-quotation (e-tender) for Badarpur Elevated Plaza at Km. 18.700 and Km. 20.200 on Section from Km. 16.100 to Km. 20.500 of NH-2 in the State of Delhi & Haryana.
Key highlights of the Project are as under
- User Fee Collection rights at Badarpur Elevated Plaza.
Terms of the Contract Agreement: