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.
Aditya Birla Group firm Grasim Industries Ltd is selling its consumer products division to Kishare biyani led Future Consumer Enterprises on a slump sale basis.