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Renaissance Global has raised Rs 163.49 crore through a preferential allotment of equity shares, enhancing its financial strength to support growth initiatives. The funds will be used for expanding manufacturing capabilities, asset upgrades, and pursuing strategic acquisitions, positioning the company for accelerated global expansion.
GPT Infraprojects Ltd. is on a growth trajectory for fiscal 2025, driven by a robust order pipeline and strategic financial moves. With recent major contract wins and a successful Qualified Institutional Placement (QIP) that has strengthened their balance sheet, the company is projecting a 25-28% increase in revenue and significant expansion in order inflows. Discover how these developments are positioning GPT Infraprojects for continued success in a competitive infrastructure market.
IndusInd Bank is set to raise Rs 30,000 crore through a strategic mix of debt securities and equity sales. This bold move aims to strengthen its financial position and enhance growth prospects. Explore the details of this major fund-raising initiative and its potential impact on the bank’s future.