Borosil Renewables raises Rs 200 cr via QIP
Borosil Renewables Ltd (BRL) has successfully completed fundraising of Rs 200 crore through a qualified institutions placement (issue), a company statement said
PTI | December 18, 2020 | Updated 15:43 IST
Solar glass maker Borosil Renewables on Friday said it has raised Rs 200 crore by issuing 1.58 crore shares through qualified institutional placement. The issue opened on December 14, 2020, and closed on December 17, the company added.
Borosil Renewables Ltd (BRL) has successfully completed fundraising of Rs 200 crore through a qualified institutions placement (issue), a company statement said. BRL allotted 1,58,04,030 shares of the face value of rupee one each at Rs 126.55 per share. Post the QIP issue, the holding of promoter and promoter group will be 61.92 per cent.
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Borosil Renewables raises Rs 200 cr through QIP
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Last Updated: Dec 18, 2020, 07:10 PM IST
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Borosil Renewables Ltd (BRL) has successfully completed fundraising of Rs 200 crore through a qualified institutions placement (issue), a company statement said.
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BRL allotted 1,58,04,030 shares of the face value of rupee one each at Rs 126.55 per share. Post the QIP issue, the holding of promoter and promoter group will be 61.92 per cent.
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NEW DELHI: Solar glass maker Borosil Renewables on Friday said it has raised Rs 200 crore by issuing 1.58 crore shares through qualified institutional placement.
The issue opened on December 14, 2020, and closed on December 17, the company added.