Jupiter Wagons has received approval for raising of funds, aggregating up to Rs 700 crore through Qualified Institutions Placement (QIP) in terms of Chapter VI of Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, as amended (the 'ICDR Regulations') and/or any other permissible mode(s), in accordance with the ICDR Regulations and other applicable regulations, through public and/or private offerings of equity shares and/or any other convertible securities, in one or more tranches and/or one or more issuances simultaneously, subject to necessary approvals including the approval of the members of the Company and such other regulatory/ statutory approvals as may be required. The Board of Directors of the Company, at its meeting held on September 5, 2023 has, inter alia, approved the same.
Jupiter Wagons is a leading company providing complete mobility solutions with a rich legacy of over four decades.
| Company Name | CMP |
|---|---|
| Texmaco Rail & Engg. | 116.45 |
| Jupiter Wagons | 256.85 |
| Titagarh Railsystems | 835.65 |
| Jessop & Co | |
| Acme India Industrie | |
| View more.. | |
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