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Sterlite Technologies gets nod to raise fund through QIP

09 Apr 2024 Evaluate

Sterlite Technologies has received approval from authorisation and allotment committee of the Board to raise fund through Qualified Institutional Placement (QIP). Its board has approved the floor price for the Issue, being Rs 119.00 per Equity Share. Additionally, the company has authorized the opening of the issue on April 8, 2024.

Sterlite Technologies is one of the industry's leading integrators of digital networks providing All-in 5G solutions.

Peers
Company Name CMP
Polycab India 8400.00
KEI Industries 4679.50
RR Kabel Ltd. 2527.00
Finolex Cables 1460.40
Precision Wire India 502.25
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