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JK Tyre raises 5 billion rupees

JK Tyre & Industries Limited has successfully concluded a 5-billion-rupee (£47.474 million; 55 million euros; US$60.125 million) Qualified Institutional Placement (QIP). The QIP was priced at 345 rupees per share (including a premium of 343 per share with face value of 2 rupees per share). According JK Tyre, the QIP received an “overwhelming response” from “marquee investors including Indian mutual funds, insurance companies and foreign institutional investors”.

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JK Tyre & Industries raises Rs 500 crore through QIP

JK Tyre & Industries raises Rs 500 crore through QIP
financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.

JK Tyre Industries raises ₹500 crore through QIP

JK Tyre & Industries concluded its fund-raising initiative, securing ₹500 crore through Qualified Institutional

JK Tyre Industries raises ₹500 crore through QIP - The Hindu BusinessLine

JK Tyre Industries raises ₹500 crore through QIP - The Hindu BusinessLine
thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.

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