KEI Industries Raises Rs 2,000 Crore Through QIP; Kotak Mutual Fund Leads Investment
KEI Industries has successfully raised Rs 2,000 crore via a qualified institutional placement (QIP) of equity shares. The QIP, which opened on November 25 and closed on November 28, priced the shares at Rs 3,800 each, offering a 2.1 percent discount to the floor price of Rs 3,880.54. The issuance involved 52.6 lakh equity shares, […]
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