Srei Infrastructure Finance Limited is planning to raise R500 Cr through secured, redeemable, non-convertible debentures in one or more tranches.
Last month, the company sold its 30% stake in derrick lay barge Quippo Prakash to a Malaysian firm Sapura Kencana for $122 Mn.
Recently, the NCD public issue of the company to raise R75 Cr was over-subscribed by 1.03 times on the final day of the offer. It received bids worth R76.93 Cr, as against R75 Cr on offer.
GPT Infraprojects Limited is planning to sell, transfer or otherwise dispose off its wind power business.
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.