Anant Raj Secures ₹1,100 Crore by Selling Shares
NEW DELHI: Realty firm Anant Raj Ltd has successfully raised Rs 1,100 crore by selling equity shares to institutional investors. The Finance and Investment Committee of the board has sanctioned the issuance and allocation of 1,66,16,314 equity shares to qualified institutional buyers at a price of Rs 662 per share, totaling Rs 1,100 crore, as stated in a regulatory filing on Tuesday. Anant Raj’s Qualified Institutional Placement (QIP) opened on October 7 and closed on October 13. The shares have been allocated to investors including Societe Generale ODI, BNP Paribas Financial Markets, Morgan Stanley Asia Singapore, Jupiter India Fund, and…