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Wockhardt's R&D prowess attracts marquee investors Madhusudan Kela, Prashant Jain

Wockhardt has two molecules — Nafithromycin (WCK 4873) for treating pneumonia and WCK 5222 for urinary tract infection, in development phases, with launched lined up for FY25 and FY26

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Wockhardt stock locked in 5% upper circuit after Prashant Jain, Madhusudan Kela and others invest in QIP

Other prominent names like ICICI Prudential, Mirae Asset Management, Tata Indian Opportunities Fund, Invesco India Smallcap Fund, Gagandeep Credit Capital and Subhkam Ventures were also issued shares in Wockhardt's QIP.

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Wockhardt shares hit 5% upper circuit after Prashant Jain, Madhusudan Kela and others invest in QIP

3P India Equity Fund, managed by Prashant Jain, and Madhusudan Kela's Cohesion MK Best Ideas sub-trust are among those funds that have received 5% or more shares in the Qualified Institutional Placement (QIP) of shares.

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Anant Raj issues 1.68 crore shares worth about Rs 500 crore to qualified institutional buyers

Tata Indian Opportunities Fund, Tata Mutual Fund – Tata ELSS Tax Saver Fund, BOFA Securities Europe SA-ODI and Aditya Birla Sun Life Insurance Company Limited have collectively been allotted 50 percent of the issue size, the realty firm said.

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Latest News | Anant Raj Raises Rs 500 Cr Via Issue of Shares to Institutional Investors

Get latest articles and stories on Latest News at LatestLY. Realty firm Anant Raj Ltd has raised Rs 500 crore through issuance of shares to institutional investors on a private placement basis to reduce debt and meet working capital requirements.
Latest News | Anant Raj Raises Rs 500 Cr Via Issue of Shares to Institutional Investors.

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