💨 Abstract

KBC Global Ltd, a construction and real estate development company, plans to raise up to Rs. 100 crore via an equity issue. Proceeds will be used to repay debt. The company is exploring various modes of fundraising, subject to regulatory approval. Recently, KBC International Ltd, a subsidiary, secured a $20 million subcontract for Africa's infrastructure development.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖