Armee Infotech IPO: According to the draft papers, Rs 160 crore of the IPO proceeds will be used primarily to meet its working capital requirements. In addition, Rs. 10.63 crore will be used for repayment of loans Armee Infotech IPO: According to the draft papers, Rs 160 crore of the IPO proceeds will be used primarily to meet its working capital requirements. In addition, Rs. 10.63 crore will be used for repayment of loans
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After Suzlon, Inox Wind Set To Become Net Debt Free After Promoter Pumps ₹900 Cr Inox Wind Limited (IWL), a major player in India’s wind energy sector, has declared that it will become a net debt-free company. This announcement comes in the wake of a ₹900 crore infusion from its promoter, Inox Wind Energy Limited (IWEL). The capital was raised on May 28, 2024, through the sale of IWL’s equity shares in block deals on various stock exchanges. The raised funds are earmarked for the complete repayment of IWL’s external term debt. This move will enable the company to achieve a net debt-free status, except for promoter debt https://earnfree.in/market-updates-4-july/ #StockMarket #FinancialNews #Investment #Trading After Suzlon, Inox Wind Set To Become Net Debt Free After Promoter Pumps ₹900 Cr Inox Wind Limited (IWL), a major player in India’s wind energy sector, has declared that it will become a net debt-free company. This announcement comes in the wake of a ₹900 crore infusion from its promoter, Inox Wind Energy Limited (IWEL). The capital was raised on May 28, 2024, through the sale of IWL’s equity shares in block deals on various stock exchanges. The raised funds are earmarked for the complete repayment of IWL’s external term debt. This move will enable the company to achieve a net debt-free status, except for promoter debt https://ift.tt/gkRvYpS #StockMarket #FinancialNews #Investment #Trading
- Raj Gaurav Rai
- July 4, 2024
- 0
After Suzlon, Inox Wind Set To Become Net Debt Free After Promoter Pumps ₹900 Cr Inox Wind Limited (IWL), a major player in India’s wind […]
Opening Bell: Nifty: 24,951 (-0.19%) Sensex: 81,445.01(-0.20%) Banknifty: 51,324.25 (-0.40%) Top Gainer: HCLtech, 1,837.25 (+1.60%) Top Loser: Cipla, 1,589.85 (-1.80%) #FinancialNews #Financial MarketTrends https://earnfree.in/COMMODITIES Opening Bell: Nifty: 24,951 (-0.19%) Sensex: 81,445.01(-0.20%) Banknifty: 51,324.25 (-0.40%) Top Gainer: HCLtech, 1,837.25 (+1.60%) Top Loser: Cipla, 1,589.85 (-1.80%) #FinancialNews #Financial MarketTrends https://ift.tt/5CInUPj
- Raj Gaurav Rai
- October 11, 2024
- 0
Opening Bell:Nifty: 24,951 (-0.19%)Sensex: 81,445.01(-0.20%)Banknifty: 51,324.25 (-0.40%)Top Gainer: HCLtech, 1,837.25 (+1.60%)Top Loser: Cipla, 1,589.85 (-1.80%) #FinancialNews #Financial MarketTrends https://earnfree.in/COMMODITIES Opening Bell: Nifty: 24,951 (-0.19%) […]
GODREJ INDUSTRIES: CO GETS LETTER JOINTLY FROM PROMOTERS THAT REALIGNMENT PURSUANT TO FAMILY SETTLEMENT AGREEMENT EXPECTED TO BE COMPLETED IN JULY https://earnfree.in GODREJ INDUSTRIES: CO GETS LETTER JOINTLY FROM PROMOTERS THAT REALIGNMENT PURSUANT TO FAMILY SETTLEMENT AGREEMENT EXPECTED TO BE COMPLETED IN JULY https://earnfree.in
- Raj Gaurav Rai
- June 26, 2024
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GODREJ INDUSTRIES: CO GETS LETTER JOINTLY FROM PROMOTERS THAT REALIGNMENT PURSUANT TO FAMILY SETTLEMENT AGREEMENT EXPECTED TO BE COMPLETED IN JULY https://earnfree.in GODREJ INDUSTRIES: CO […]