Thursday, August 29, 2024

IREDA Board approves Rs 4,500 cr fundraise plan

The board of state-owned IREDA on Thursday approved a proposal to raise Rs 4,500 crore. The funds will be raised in one or more tranches through further public offer (FPO)/qualified institutional placement (QIP)/rights issue/preferential issue or any other permitted mode or combination, subject to the statutory or government approval, IREDA said in an exchange filing.

from Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/xslEfTO

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