KBC Global plans to raise Rs 100 cr for paring debt

Construction and infrastructure company KBC Global Ltd on Tuesday said it plans to raise up to Rs 100 crore through an issue of equity shares. The board of the company will meet on October 16 (Wednesday) to consider and approve a proposal to raise up to Rs 100 crore through an issue of equity shares via permissible modes, including preferential allotment and warrants, the company said in a statement.