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SREI Infrastructure gets nod to raise funds through various modes

01 Jul 2021 Evaluate

SREI Infrastructure Finance has received an approval for raising of capital / funds through various modes by way of issue of one or more instruments (including equity shares / equity linked securities / warrants or convertible securities of any description and / or non-convertible debentures with or without warrants) through further public offer / Qualified Institutional Placement (QIP)/ private placements / preferential issue / rights issue, or any other permissible mode and / or combination thereof as may be permitted under applicable laws and considered appropriate, subject to approval of the Members and other statutory authorities as may be required, for an amount (including upon conversion of warrants or other convertible securities into Equity shares) not exceeding Rs 2,500 crore. The Board of Directors of the company at its meeting held on June 30, 2021, inter alia, has, approved the same.

SREI Infrastructure Finance is one of India's leading asset finance and leasing institutions, constantly and consistently delivering innovative solutions in the infrastructure sector. Srei, which in Sanskrit means ‘to accord credit’ has completed over thirty years and has come a long way after starting its journey perhaps in one of the most challenging environments.

SREI Infra Fin Share Price

2.07 0.00 (0.00%)
11-Aug-2023 18:01 View Price Chart
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