Heavy Engineering Corporation Plans For Listing

Heavy Engineering CorporationRanchi_based engineer PSU HEC (Heavy Engineering Corporation) is intending to list stocks on bourses and a offer might be delivered to the government in the next monetary year.

“We are considering getting listed as that will assist us to lock the worth of the firm,” Heavy Engineering Corporation chairman as well as managing director G K Pillai said in Kolkata.

“We will deliver a idea to the govt for consideration in the next monetary yr and it’s up to it to determine,” he said.

Heavy Engineering Corporation is a 100 percent govt-owned firm and has to either divest or make a first public offer allow it to obtain listed on bourses.

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