Tag

Fundraising

12 articles
Indian companies are aggressively pursuing fundraising initiatives to bolster growth, deleverage balance sheets, and fund expansion plans. Several firms, including Adani Energy Solutions (₹10,000 crore), Netweb Technologies (₹1,200 crore), Arvind Limited (up to ₹600 crore), and TANFAC Industries (₹173.5 crore), are seeking shareholder approval for equity infusions via various methods like QIPs, preferential allotments, and rights issues. Additionally, STL successfully raised ₹1500 crore through a QIP to reduce debt, while IIFL Finance secured a USD 300 million bond issuance, highlighting a broad trend of capital raising activity across diverse sectors. These moves suggest a proactive approach to securing financial resources amid ongoing market dynamics and growth opportunities.
Apollo Micro Systems Board Approves ₹3322 Crore Fundraise
Board approved increasing authorized share capital from ₹45 crore to ₹63 crore to facilitate a major capital raise. Approved preferential issue of 2.28 crore equity shares at ₹416.60 each to raise ₹95
TANFAC Industries Preferential Issue Raises ₹174 Crores
TANFAC Industries Board approved preferential issue of 7.41 lakh shares at ₹2,341 per share raising ₹173.5 crore. Promoter Anupam Rasayan invested ₹135 crore with balance from institutional investors
Aerpace Industries Board Meeting Preferential Issue Proposal
Aerpace Industries board meeting scheduled for July 9, 2026 to consider preferential issuance of equity shares/convertible warrants for fundraising. Trading window closed from July 1, 2026 until 48 ho
TANFAC Industries Approves ₹173.5 Crore Preferential Issue
Board approved preferential issue of 7,41,082 equity shares at ₹2,341 each to raise ₹173.49 crore from four allottees including promoter Anupam Rasayan. Appointed Dr. D. Karthikeyan, IAS as Nominee Di
Switching Technologies Gunther Board Meeting for Fundraising
Switching Technologies Gunther board meeting scheduled for July 9, 2026 to consider fundraising through equity issuance. Company evaluating preferential issue, QIP, rights issue or other permissible m
Arvind Board Approves ₹600 Crore Fundraising Plan
Arvind Limited's board approved a fundraising plan of up to ₹600 crores via equity shares, convertible instruments, or QIP. The board authorized the Finance Committee to finalize the timing, price, an
IIFL Finance USD 300 Million 4-Year Bond Issuance
IIFL Finance Committee approved terms for a USD 300 million, 4-year secured bond offering under its USD 1.5 billion GMTN programme. The bonds carry a 7.60% annual coupon, payable semi-annually, and wi
Adani Energy Solutions EGM Approves ₹10,000 Crore Fundraise
Adani Energy Solutions calls EGM on July 25, 2026 to seek shareholder approval for raising up to ₹10,000 crore through equity and securities issuance. Funds will be raised via QIP, FPO, preferential a
Netweb Technologies Plans ₹1,200 Crore Fund Raise
Netweb Technologies seeks shareholder approval via postal ballot to raise up to ₹1,200 crore through issuance of various securities. Funds will be used for capital expenditure, working capital, debt r
Nakoda Group Allots 35 Lakh Preferential Convertible Warrants
Nakoda Group board approved preferential allotment of 35 lakh convertible warrants at ₹28 each. Allotment follows shareholder approval on May 13, 2026 and stock exchange in-principle approval. Major a
STL Raises INR 1500 Crore via QIP
STL raised INR 1500 crore through a Qualified Institutions Placement by allotting 2.57 crore equity shares to institutional investors. The QIP proceeds will be primarily utilized to substantially de-l
Adani Enterprises Approves ₹3,035 QIP Floor Price
Adani Enterprises QIP committee approved the opening of a qualified institutional placement on July 2, 2026. The committee set a floor price of ₹3,034.68 per share with potential discount up to 5%. Fo