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JM Financial Institutional Securities

Sebi Approves Rs.1,500 Crore Fund Raise For GMR Infra

Sebi Approves Rs.1,500 Crore Fund Raise For GMR Infra
The Market regulator Sebi authorization is obtained by GMR Infrastructure to raise a fund of Rs. 1,500 crore by means of rights issue. GMR will make use of the funds raised to make settlement towards borrowings and also for general corporate needs. What is Rights Issue? According to rights issue, shares are provided to the [...] Continue Reading »



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