The business expects the preferred issuance to increase its net worth from over ₹9,000 Crore to over ₹12,000 Crore.

Through the QIP, the struggling carrier is aiming to raise funds by selling shares to eligible institutional participants.

Reliance Infrastructure shares have posted strong returns, rising 31.51% in the past month and 25.78% over six months.

Reliance Infrastructure informed that its board has approved raising of funds up to Rs 3,000 crore through qualified institutional placement (QIP) and upto Rs 3,014.40 crore through preferential ...

This QIP permits them to raise capital by issuing new shares to institutional investors such as banks and mutual funds.

Reliance Infrastructure aims to raise Rs 6,014 crore to support its expansion plans. Initially, it will secure Rs 3,014 crore ...

One Wam Ltd share price traded under pressure in Thursday's trade to quote at Rs 1,061.25 per share on the NSE, down 1.85 ...

SpiceJet’s Rs 3,000 crore qualified institutions placement (QIP) has received an overwhelming response and attracted ...

SpiceJet's Rs 3,000-crore qualified institutional placement has been significantly oversubscribed by investors including Tata ...

The board of directors of EMS Ltd. approved on Thursday a proposal to raise funds of up to Rs 400 crore at a face value of Rs ...

Samvardhana Motherson, a leading automotive OEM supplier, has launched its Qualified Institutions Placement (QIP) of shares ...

Reliance Infrastructure shares climbed nearly 10% to hit a 52-week high of Rs 320 per share on Friday, September 20, in the ...