Hindustan Copper Possibly To Occur In Dec

Hindustan Copper Possibly To Occur In DecHindustan Copper is scheduled to start its FPO, The issue is possibly to occur in Dec, mentioned its managing director Ahmed. Nevertheless, he rejected to discuss the right time to the issue. “Numerous reasons will be assessed ahead of deciding-on a price

Shakeel Ahmed mentioned, the firm presently produces 3-3.2 mn tonne copper ore yearly. “Production development will touch 1.2 Lk tonnes by FY17 and it is likely to be back /ended,” he stated.

The offer consists of 18.39 cr shares of Rs 5 each, that consists an offer for sale of 9.2 cr stocks through the govt of India acting via the mine ministry

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