Diamond Power Infrastructure Limited (DIACABS) has raised Rs 1,613.97 crore through a Qualified Institutional Placement (QIP), issuing 7,11,00,000 equity shares to domestic and international institutional investors. The QIP opened on July 23, 2026, and closed on July 28, 2026. Shares with a face value of Rs 1 each were allotted at Rs 227 per share,…
JSW Energy Limited reported lower earnings for the quarter ended June 30, 2026, as higher depreciation and finance costs weighed on profitability despite growth in operating capacity and stable revenue. During the quarter, the company added 1,081 MW of capacity, including one of its largest-ever quarterly organic renewable additions, taking its total installed capacity to…
Adani Power Limited (APL) reported higher earnings and operating performance for the quarter ended June 30, 2026, supported by increased electricity sales, higher operating capacity and improved tariff realisations under power purchase agreements. Separately, the company’s board approved a proposal to raise up to Rs 15,000 crore through Qualified Institutions Placement (QIP) or other permissible…
Inox Green Energy Services Limited (IGESL) has approved a proposal to raise up to Rs 600 crore through the issuance of securities, according to a regulatory filing dated July 22, 2026. The fundraising will provide the company with financial flexibility and may be undertaken through multiple routes, subject to shareholder and regulatory approvals. The proposal…
ACME Solar Holdings Limited has completed a qualified institutions placement (QIP) of equity shares, raising around Rs 2,800 crore, according to a stock exchange filing dated June 4, 2026. The company’s Fund Raising Committee approved the allotment of 10,01,78,890 equity shares with a face value of Rs 2 each to eligible qualified institutional buyers at…
Indian Renewable Energy Development Agency Ltd. (IREDA) has raised Rs 2,005.90 crore through a Qualified Institutions Placement (QIP). The capital was mobilised by issuing 12.15 crore equity shares at Rs 165.14 per share. This price includes a premium of Rs 155.14 over the face value of Rs 10. The issue price reflects a 5.00% discount…
Kalpataru Projects International Limited (KPIL) has successfully raised Rs 10 billion through a qualified institutional placement (QIP). The proceeds will be used to strengthen the company’s balance sheet, improve financial flexibility, and support its growth initiatives.
KEI Industries Ltd’s board of directors has approved a proposal to raise Rs 20 billion through a qualified institutional placement (QIP). The funds will be raised via the issuance of equity shares or other eligible securities, subject to shareholder and regulatory approvals. A “Fund Raising Committee” has been formed to finalize the QIP’s terms and…