![Vedanta shares up on ₹8,500 cr fundraising plan](https://images.assettype.com/fortuneindia%2F2023-11%2F2a3d413c-9ee6-495c-b0e1-a62c084ad31a%2FGettyImages_1246741474__2_.jpg?w=300&q=95)
Vedanta shares up on ₹8,500 cr fundraising plan
Vedanta announced its first interim dividend of ₹11 apiece; to set up a new continuous cast copper rod facility in Saudi Arabia
Vedanta announced its first interim dividend of ₹11 apiece; to set up a new continuous cast copper rod facility in Saudi Arabia
The share price of Vedanta has more than doubled from its 52-week low of ₹207.85 touched on September 28, 2023.
The travel distribution platform looks to raise ₹1,550.81 crore via IPO at the upper end of the price band.
Solar module manufacturer Premier Energies plans to raise more than ₹1,500 crore via IPO, while yarn manufacturer Sanathan Textiles eyes to raise ₹800 crore.
Among main board IPOs, the public issue of ₹4,326 crore by Mankind Pharma was the largest in FY24, followed by Tata Tech (₹3,043 cr) and JSW Infra (₹2,800 cr).
The board of NHPC will meet on March 27 to consider the proposal for raising of debt during financial years 2023-24 and 2024-25.
The teleco’s board will meet on February 27, 2024, to consider and evaluate proposals for raising of funds in one or more tranches via equity or debt instruments.
10.15 crore equity shares of Indian Bank, allotted to qualified institutional buyers (QIBs), got listed on the stock exchanges today.
Adani Cement, through Endeavour Trade and Investment, has signed agreements with international banks to refinance $3.5 billion debt taken for acquisition of Ambuja Cements and ACC last year
The IPOs of all three companies are a mixture of a fresh issue of equity shares and an offer for sale by existing shareholders.