An announcement from Azad Engineering Limited ( (IN:AZAD) ) is now available.
Azad Engineering Limited has announced the successful allotment of 5,468,750 equity shares through a Qualified Institutions Placement, raising a total of 7,000 million INR. This significant capital increase is expected to enhance the company’s equity share capital and potentially strengthen its market position.
More about Azad Engineering Limited
Azad Engineering Limited operates in the engineering industry, focusing on the production and distribution of equity shares. The company is involved in capital markets and engages with qualified institutional buyers.
YTD Price Performance: -30.68%
Average Trading Volume: 24,799
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