Unity Infra up 3 per cent

The stock gained 3 per cent to Rs 525.60, after the company successfully raised Rs 73 crore by private placement of shares with qualified institutional buyers. The board of directors had allotted 1.45 million equity shares at Rs 506 per share, including premium of Rs 496 per equity share.

The company has raised funds to manage capital for new projects, repayment of debt and for other corporate purposes. and Melchior Indian Opportunities Fund, a sub-account of Kotak Mahindra (UK), has acquired 4.32 per cent or 640,000 shares through the QIP allotment.

image
Business Standard
177 22
Business Standard

Unity Infra up 3 per cent

BS Reporter  |  Mumbai 

The stock gained 3 per cent to Rs 525.60, after the company successfully raised Rs 73 crore by private placement of shares with qualified institutional buyers. The board of directors had allotted 1.45 million equity shares at Rs 506 per share, including premium of Rs 496 per equity share.

The company has raised funds to manage capital for new projects, repayment of debt and for other corporate purposes. and Melchior Indian Opportunities Fund, a sub-account of Kotak Mahindra (UK), has acquired 4.32 per cent or 640,000 shares through the QIP allotment.

RECOMMENDED FOR YOU

Unity Infra up 3 per cent

The stock gained 3 per cent to Rs 525.60, after the company successfully raised Rs 73 crore by private placement of shares with qualified institutional buyers. The board of directors had allotted 1.45 million equity shares at Rs 506 per share, including premium of Rs 496 per equity share.

The stock gained 3 per cent to Rs 525.60, after the company successfully raised Rs 73 crore by private placement of shares with qualified institutional buyers. The board of directors had allotted 1.45 million equity shares at Rs 506 per share, including premium of Rs 496 per equity share.

The company has raised funds to manage capital for new projects, repayment of debt and for other corporate purposes. and Melchior Indian Opportunities Fund, a sub-account of Kotak Mahindra (UK), has acquired 4.32 per cent or 640,000 shares through the QIP allotment.

image
Business Standard
177 22

Upgrade To Premium Services

Welcome User

Business Standard is happy to inform you of the launch of "Business Standard Premium Services"

As a premium subscriber you get an across device unfettered access to a range of services which include:

  • Access Exclusive content - articles, features & opinion pieces
  • Weekly Industry/Genre specific newsletters - Choose multiple industries/genres
  • Access to 17 plus years of content archives
  • Set Stock price alerts for your portfolio and watch list and get them delivered to your e-mail box
  • End of day news alerts on 5 companies (via email)
  • NEW: Get seamless access to WSJ.com at a great price. No additional sign-up required.
 

Premium Services

In Partnership with

 

Dear Guest,

 

Welcome to the premium services of Business Standard brought to you courtesy FIS.
Kindly visit the Manage my subscription page to discover the benefits of this programme.

Enjoy Reading!
Team Business Standard