Tag: fundraise

Indian Bank plans to raise Rs 5,000 crore via equity & Rs 7,000 crore through debt

 stock analyst  05/22/2024  0 Comments on Indian Bank plans to raise Rs 5,000 crore via equity & Rs 7,000 crore through debt

Indian Bank plans to raise Rs 5,000 crore in equity and Rs 7,000 crore through perpetual and infrastructure bonds. This move aims to strengthen capital base and finance infrastructure projects. Government\’s stake to decrease.

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Sterlite Technologies raises Rs1000 crore from qualified institutional investors

 stock analyst  04/17/2024  0 Comments on Sterlite Technologies raises Rs1000 crore from qualified institutional investors

Broadband technology company Sterlite Technologies has raised Rs 1,000 crore by issuing equity to qualified institutional investors (QIPs), which include both Indian and international investors, the company announced on Tuesday through a stock exchange filing.

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