In a significant financial milestone, Samvardhana Motherson International Limited (SAMIL) has successfully closed its Qualified Institutional Placement (QIP) by raising a total of USD 771 million. The transaction, completed on September 20, 2024, witnessed strong demand from both domestic and international institutional investors, marking it as a pivotal event in SAMIL’s financial trajectory. SAMIL attracts […]
American equity investment boutique GQG Partners has completed a secondary equity transaction worth INR 15,446 crores ($1.87 billion) with the Adani Portfolio companies. The companies that secured the investment include Adani Ports and Special Economic Zone, Adani Green Energy, Adani Transmission, and Adani Enterprises. According to Adani Enterprises, the investment makes GQG Partners an important […]
New Delhi-based Newgen Software Technologies Limited said that some of its promoters have sold a total of 10.57% stake in the company to a consortium of institutional investors at Rs 454 per share. The sale of the stake was announced by the company’s chairman and managing director Diwakar Nigam and its whole time director T […]
