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Investegate | Company Announcement

Investegate announcements from Annual Financial Report - Part 11

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IndiGrid raises Rs 670 crore via institutional placement

Infrastructure investment trust IndiaGrid has raised Rs 670 crore through institutional placement.

IndiGrid, India’s first publicly listed power sector Infrastructure Investment Trust (InvIT) has successfully raised Rs 670 crore through an Institutional Placement process as laid out by SEBI, a

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indigrid: IndiGrid raises Rs 670 crores through institutional placement

The Board of Directors of IndiGrid Investment Managers acting in the capacity of investment manager of IndiGrid, approved the issuance and allotment of 5.27 crore new units through the institutional placement to 11 eligible investors on December 8, 2023. More than 90% of incremental units were issued to insurance companies, mutual funds, pension funds, and domestic institutions.

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IndiGrid raises Rs 670 crore via institutional placement

IndiGrid, India's first publicly listed power sector Infrastructure Investment Trust (InvIT) has successfully raised Rs 670 crore through an Institutional Placement process as laid out by SEBI, a statement said.

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IndiGrid Raises ₹670 Cr Via Institutional Placement

IndiGrid Raises ₹670 Cr Via Institutional Placement
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IndiGrid raises INR 670 cr via institutional placement, Auto News, ET Auto

IndiGrid: According to the statement, the IP process, launched on December 5, 2023, saw strong demand from both existing and new Indian and global institutional investors.

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TV18 and E18 to merge with Network18

TV18 and E18 to merge with Network18
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TV18 & E18 to merge with Network18 consolidating TV and digital news assets

With an extensive presence across languages in both TV and Digital domains, the merger is poised to empower Network18 to consolidate and expand its business from a robust position, a statement from Network18 said

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Breaking News: TV18 & E18 to merge with Network18

Breaking News: TV18 & E18 to merge with Network18
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TV18, E18 to merge with Network18, consolidate leading news media powerhouses

TV18, E18 to merge with Network18, consolidate leading news media powerhouses
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