Total mop-up close to breaching 2007-08 high as telecom firms load up on capital
The entitlement ratio of the issue, which will close on April 24, has been fixed at 87 rights shares for every 38 currently held by shareholders.
Nearly Rs 180 billion mopped up this year, 2.7 times last year's tally; spike in market volatility a key reason
Individually, Sun Pharma Advanced Research Company is planning to mop up Rs 250 cr, while Fortune Financial intends to garner Rs 204 cr