Fund raising via preferential allotment down 17% to Rs 40K cr
The funds have been raised for business expansion plans, repayment of loan, meeting working capital requirements and for other corporate purposes.
Mar 31, 2017, 15:57 PM ISTCompanies raise Rs 13,000 cr via preferential route in April-August FY17
Indian firms raised nearly Rs 13,000 crore through issuance of shares to promoters and shareholders on preferential basis during April-August of 2016-17, a slump of 35 percent from the year-ago period.
Oct 28, 2016, 14:34 PM IST