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 Pharmaceuticals Limited has sold its Velachery land for R29Cr to ITC group, according to BL.
UTI Ventures Funds Management Company Private Limited, the private equity investment subsidiary of UTI Asset Management Co Pvt Ltd, has sold its stake in Ascent Capital Pvt Ltd to the management of the firm, which is headed by Raja Kumar.