Express logistics firm Allcargo Gati Ltd raises Rs 169.28 crore through QIP at Rs 101 per equity share.
Express logistics firm Allcargo Gati Ltd has raised Rs 169.28 crore by issuing equity shares through a Qualified Institutional Placement (QIP). The fresh capital was approved by the company's board, with the issue price set at Rs 101 per equity share. The QIP saw participation from various investors, and the funds raised will be used to strengthen the company's financial position and support growth initiatives across key segments.
July 02, 2024
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