Qualified institutional placement

Status Estates raises ₹5,000 crore by way of QIP

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Realty agency Status Estates Initiatives Ltd has raised ₹5,000 crore by promoting fairness shares to institutional traders by means of non-public placement. The corporate launched its Certified Institutional Placement (QIP) on August 29 to boost funds. In a regulatory submitting on Wednesday, Status Estates knowledgeable {that a} fundraising committee of the board accredited the allocation … Read more

Vedanta contemplating ₹10,000 crore share sale as early as June

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Anil Agarwal’s Vedanta Ltd. is contemplating a share sale as quickly as the approaching weeks that might elevate as a lot as ₹8,500 crore, individuals with data of the matter stated.  Vedanta is working with advisers together with Axis Financial institution Ltd. subsidiary Axis Capital and Citigroup Inc. on the providing, the individuals stated. It … Read more