Corporate News     16-Apr-24
Sterlite Technologies raises Rs 1,000 cr via QIP issue
Sterlite Technologies has raised Rs 1,000 crore through a qualified institutional placement route. The company approved the issue and allotment of 8.84 Cr Equity shares to qualified institutional investors, including HDFC Mutual Fund, Nippon Life India, Goldman Sachs and Bandhan Mutual Fund, aggregating to Rs 1000 crore. Post the allotment, the paid-up equity share capital of the company has increased to Rs 97.5 crore, comprising 48.75 crore equity shares.
Previous News
  Sterlite Technologies allots 36,261 equity shares under ESOP
 ( Corporate News - 14-May-24   14:48 )
  Sterlite Technologies announces strategic partnership with du telecom
 ( Corporate News - 14-May-24   12:23 )
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 ( Results - Announcements 08-May-24   13:38 )
  Sterlite Technologies successfully partners with Archtop Fiber
 ( Corporate News - 30-Apr-24   18:18 )
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 ( Corporate News - 24-Apr-24   18:42 )
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 ( Corporate News - 24-Apr-24   10:38 )
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 ( Hot Pursuit - 24-Apr-24   09:30 )
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 ( Hot Pursuit - 18-Apr-24   15:00 )
  Market extend losses; IT shares decline
 ( Market Commentary - Mid-Session 16-Apr-24   12:37 )
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 ( Hot Pursuit - 16-Apr-24   11:30 )
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