Jsw Energy: A QIP is a way for listed companies to raise capital by issuing shares to eligible institutional bidders. Details of the QIP, dates, and pricing are yet to be determined.
A QIP is a way for listed companies to raise capital by issuing shares to eligible institutional bidders. Details of the QIP, dates, and pricing are yet to be determined.
The Burman family has consolidated their position in Religare Enterprises Limited (REL) by increasing their stake by around 4% through open market purchases. Their cumulative stake now stands at 25.1%. The stake hike was done at an average price below Rs 235/share, which is the open offer price.
The Competition Commission of India approves the acquisition of a 5.27% stake in Religare Enterprises by entities controlled by the Burman family, along with a subsequent open offer for an additional 26% stake.
As part of the strategic decision the Board of Directors of Inox Wind Limited at its meeting held on 12th June, 2023 considered and approved the Scheme of Arrangement which provides for amalgamation of Inox Wind Energy Limited.