The QIP Committee of NCC, which met on Thursday, has approved the issue and allotment of over 4.47 crore equity shares through a qualified institutional placement (QIP), the Hyderabad-based construction and infrastructure company informed the BSE through a filing. The issue price is ₹123 an equity share of face value ₹2. NCC aims to mop up ₹550 crore through the issue. Our Bureau

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