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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

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

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Strategic Investors and PEs in talks with Bhoruka Logistics to invest $15 m

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Mumbai based logistics firm Bhoruka Logistics Pvt. Ltd. is in talks with strategic investors and private equity (PE) players to raise Rs 100 crore ($15 million). The company has a nationwide presence in dry and cold chain solutions.

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