SPML Infra shareholders meet for QIP

Shareholders of SPML Infra will meet on Tuesday to consider a proposal to raise ₹75 crore through qualified institutional placement. The company requires capital to meet the needs of growing business. SPML Infra, which deals in urban infrastructure development, water treatment, solid waste and power generation management, is currently executing contracts worth ₹4,000 crore. Traders will keenly watch the pricing of the issue.