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Shyam Metalics and Energy concluded its qualified institutional placement (QIP), raising a total of Rs 1,385 crore. Veteran investor Madhusudan Kela, Europe s Societe Generale and Reliance Commercial Finance are among the many allottees. ....
Cohesion MK Best Ideas Sub-Trust, a joint venture between Cohesion Investments and Madhusudan Kela, has been allotted 5 lakh equity shares in the QIP. ....
With a strong emphasis on quality control and an integrated approach to manufacturing, Shyam Metalics has emerged as a powerhouse in the Indian steel industry, and is poised to make significant strides in both domestic and international markets, according to Dhruv Mudaraddi of Stoxbox. ....