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Mergers & Acquisitions | 16 March 2012

Trent Ltd To Raise R250Cr Via QIP

by Charmi Gutka
Trent Ltd To Raise R250Cr Via QIP
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Tata Group's Trent Limited is raising R250Cr through QIP. It will issue 2.74 Mn sharesof R10/- each at a price of R912 per share.

In April 2010, Trent raised $22Mn through private placement of secured redeemable non-convertible debentures.

Shasun Pharma Sells Chennai Property For R29Cr

Shasun Pharma Sells Chennai Property For R29Cr

Shasun Pharmaceuticals Limited has sold its Velachery land for R29Cr to ITC group, according to BL.

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Parsvnath Developers Raises Fund Through NCDs

Parsvnath Developers Raises Fund Through NCDs

Parsvnath Developers Limited, a real estate and infrastructure developer has raised R355 Cr by issuing 7,100 unlisted, secured, redeemable, NCDs having face value of R5 lacs each carrying a coupon of 13% through private placement.

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