August 22, 2008
HCC incorporates SPV for infrastructure development
Hindustan Construction Co has incorporated a special purpose vehicle company HCC Infrastructure Ltd as its wholly owned subsidiary to undertake infrastructure development projects.
In early 2008, HCC had incorporated an SPV company HCC Singapore Enterprises Pte as a wholly owned subsidiary of the company for promoting its business and also the business of group companies.
Further its wholly owned Subsidiary, HCC Real Estate has also incorporated a special purpose vehicle company Charosa Wineries for undertaking wine business.
