(India) Hindustan Paper Corporation’s (HPC) greenfield venture at Jagdishpur in Uttar Pradesh over 500 acre with an investment of Rs 2,742 crore through its subsidiary Jagdishpur Paper Mills (JPML) might be financed through a mix of debt and equity and HPC is looking at securing some premium for the equity component.
Funds could be raised through a mix of debt and equity in the ratio 1:2, said Raji Philip, chairman and managing director, HPC.
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