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IREDA Successfully Raises ₹2,005.90 Crore via QIP to Boost Green Financing – EQ

In Short : IREDA has raised ₹2,005.90 crore through a Qualified Institutions Placement (QIP), issuing 12.15 crore equity shares at ₹165.14 each. The issue was oversubscribed 1.34 times, with LIC acquiring nearly half. Funds will strengthen IREDA’s Tier-I capital and support renewable energy financing, reinforcing investor confidence and advancing India’s green energy transition goals. In […]

INCREASING ADOPTION OF ELECTRIC VEHICLES IN INDIA – EQ