It announced the closure of the QIP pursuant to the receipt of application forms and the funds in the escrow account from the ...
The business expects the preferred issuance to increase its net worth from over ₹9,000 Crore to over ₹12,000 Crore.
Through the QIP, the struggling carrier is aiming to raise funds by selling shares to eligible institutional participants.
Reliance Infrastructure shares have posted strong returns, rising 31.51% in the past month and 25.78% over six months.
SpiceJet is now looking at a lifeline with its crucial fundraising exercise learnt to be finding favour with investors.
IREDA share price has gained over 30% in one month, while the PSU stock has given multibagger returns of more than 126% ...
Shares of Indian Renewable Energy Development Agency (IREDA) have jumped over 30% in the past month, delivering over 126% ...
The preferential issue proceeds would be utilised for expansion of business operations directly or through investment in ...
Reliance Infrastructure informed that its board has approved raising of funds up to Rs 3,000 crore through qualified institutional placement (QIP) and upto Rs 3,014.40 crore through preferential ...
This QIP permits them to raise capital by issuing new shares to institutional investors such as banks and mutual funds.
Reliance Infrastructure aims to raise Rs 6,014 crore to support its expansion plans. Initially, it will secure Rs 3,014 crore ...
One Wam Ltd share price traded under pressure in Thursday's trade to quote at Rs 1,061.25 per share on the NSE, down 1.85 ...