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Asian Energy Services Limited announces INR 85 Cr Preferential Issue of warrants

Asian Energy Services Limited announces INR 85 Cr Preferential Issue of warrants
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Capacit e Infraprojects to Raise ₹ 96 3 Crore through Preferential Issue of Equity Shares

Aditya Birla likely to open higher after preferential issue announcement

On June 1 the company announced that its board has approved preferential issuance of Rs 1,250 crore at a share price of Rs 165.10 a share to its promoter and promoter group entity out of the total approved equity fundraising of up to Rs 3,000 crore.

Aditya Birla Cap to raise ₹1,250 crore

Aditya Birla Capital plans to raise INR 1,250 crore ($168m) through a preferential share issue to Grasim Industries and Surya Kiran Investments. The move is part of a wider plan to raise up to INR 3,000 crore ($403m) to augment capital and improve solvency margin and leverage ratio.

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