Suraj Estate Developers lands massive Rs 500cr windfall for expansion plans

Suraj Estate Developers lands massive Rs 500cr windfall for expansion plans

Suraj Estate Developers Limited has received shareholder approval to raise approximately Rs. 500 crore through a preferential issue of equity shares and convertible warrants. This decision, made during an Extraordinary General Meeting held via remote e-voting, marks a significant step for the Mumbai-based real estate company in bolstering its financial position for future growth and […]

Mitter Infotech sells stake in Nazara Technologies to Plutus Wealth Management

Mitter Infotech sells stake in Nazara Technologies to Plutus Wealth Management

Mitter Infotech LLP, a key promoter of Nazara Technologies Limited, has executed a significant transaction, selling 4,884,000 equity shares or 6.38% of the issued share capital. This block trade was conducted on May 27, 2024, through the stock exchange’s block deal window, involving Plutus Wealth Management LLP as the buyer. Transaction Details and Strategic Rationale […]

Angel One secures Rs 150cr in funding through QIP for strategic growth initiatives

Angel One secures Rs 150cr in funding through QIP for strategic growth initiatives

Angel One Limited, a leading technology-led financial services company and the largest listed retail stock broking house in India in terms of active clients on the National Stock Exchange (NSE), announced a successful fundraise of ₹15,000 million through a Qualified Institutional Placement (QIP). This strategic financial move is aimed at bolstering the company’s growth trajectory, […]

ASM Technologies raises Rs 1,701m in strategic fundraise led by investor Mukul Agrawal

ASM Technologies raises Rs 1,701m in strategic fundraise led by investor Mukul Agrawal

In a significant move to strengthen its foothold in the design-led manufacturing sector, ASM Technologies Limited, a front-runner in the semiconductor and automotive industries, announced a substantial fundraise of Rs. 1701 Million. The funding round, led by esteemed stock market investor Mukul Agrawal, saw the preferential allotment of equity shares and warrants, with an initial […]