Aanchal Ispat Fund Raise of ₹150 Cr
Aanchal Ispat Limited's Board approved a fund raise of up to Rs. 15 crore through a Rights Issue. Intermediaries are being appointed to manage the equity issuance process.
- Value
- ₹150.0 Cr
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Aanchal Ispat Limited's Board approved a fund raise of up to Rs. 15 crore through a Rights Issue. Intermediaries are being appointed to manage the equity issuance process.
Aanchal Ispat approved the allocation of 14,00,000 equity shares via QIP at ₹50 per share. The ₹7 Crore fundraise strengthens the company's capital base for future growth.
Aanchal Ispat Limited launched a Qualified Institutions Placement (QIP) with a floor price of ₹45.45 per share. The capital raise aims to strengthen the company's financial position.