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Raipur Alloys raises Rs 85 cr through preferential allotment.
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Raipur Alloys raises Rs 85 cr through preferential allotment
Mumbai, Aug 6 (PTI) Steel and sponge iron maker Raipur Alloys today said it has raised Rs 85 crore through preferential issue of equity shares to investors such as LB India Holdings Mauritius and Infrastructure Development Finance Company (IDFC).
The board of directors at its meeting recently approved the allotment of more than 26.31 lakh equity shares to LB India Holdings Mauritius II Ltd and over 18.42 lakh shares to IDFC at Rs 190 per share on preferential basis.
The company also ...
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