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Swan Energy raises Rs 3,000 cr via QIP

Swan Energy on Thursday said it has raised Rs 3,000 crore from qualified institutional placement of shares which were priced at Rs 670 apiece.

Mutual Fund: Swan Energy raises Rs 3,000 cr via QIP, Energy News, ET EnergyWorld

Mutual Fund: The fund will be deployed to modernise the recently acquired Reliance Naval and Engineering s shipyard at Pipavav. Additionally, a portion of the fund will be allocated for project expansion and debt reduction.

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