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.
Innefu Labs, an authentication security firm, is planning to raise about R16 -23 Cr ($2.5 – 3.5 Mn) in Series A round for a 20% stake . The company intends to close the round in next three months and is in advanced talks with the VC funds.