Sunil Hitech to raise up to Rs 100 cr

New Delhi, Jan 15: Sunil Hitech Engineers Ltd, a midcap company in the power sector, today said it will raise up to Rs 100 crore through a placement to institutional investors.

The firm said in a statement that it is going to make Qualified Institutional Placement not exceeding Rs 100 crore to QIBs.

Sunil Hitech specialises in fabrication, erection, testing and commissioning of thermal power plants with high precision quality and timeliness.

UNI