PTC Industries Board Approves ₹1,800 Crore Fund Raise and Higher Borrowing Limits
The Board of Directors of PTC Industries has approved a significant capital raise of up to ₹1,800 crore through equity-linked instruments. Alongside the fund infusion, the company is seeking shareholder approval to enhance its borrowing and investment limits to support long-term growth.
TANFAC Industries Approves ₹250 Crore Fund Raise via Equity Allocation to QIBs
TANFAC Industries Limited has successfully concluded its fund-raising process by approving the allocation of 12.59 lakh equity shares to qualified institutional buyers. The capital infusion is aimed at strengthening the company's financial position within the commodity chemicals sector.
City Union Bank to Raise ₹500 Crore via QIP and Declares 200% Dividend
The board of City Union Bank has approved a capital infusion of ₹500 crore through a Qualified Institutional Placement (QIP) route. This strategic move, along with a significant dividend declaration, is aimed at strengthening the bank's capital base and rewarding shareholders as it prepares for the next fiscal growth phase.
Craftsman Automation Approves ₹2,000 Crore QIP; Sets Floor Price at ₹8,966.13
Craftsman Automation's Fund-Raising Committee has approved a Qualified Institutions Placement (QIP) to raise up to ₹2,000 Crores through the issuance of equity shares. The committee set the floor price at ₹8,966.13 per share and officially opened the issue on June 15, 2026.
Ather Energy Board Approves ₹2,500 Crore Fund Raise via QIP and FCCB Issues
Ather Energy's Board of Directors has approved a major capital infusion plan to raise up to ₹2,500 crore through diverse financial instruments. The fundraise aims to strengthen the company's balance sheet and support its aggressive growth trajectory in the Indian electric vehicle market.
Motisons Jewellers Raises ₹150 Crore via QIP; Issue Price Set at ₹11.05
Motisons Jewellers has successfully concluded a ₹150 crore capital raise through a Qualified Institutions Placement (QIP) on June 11, 2026. The fresh capital is intended to strengthen the company's financial position and support its working capital needs within the luxury retail jewellery segment.
Motisons Jewellers Launches QIP at ₹11.58 Floor Price to Fuel Capital Expansion
Motisons Jewellers has officially launched its Qualified Institutions Placement (QIP) following board approval on June 9, 2026. The company has set a floor price of ₹11.58 per equity share, aimed at raising capital to support its ongoing business operations and financial restructuring.
Gujarat Themis Biosyn Board Approves ₹1,000 Crore Fund Raise via QIP and Preferential Issue
The Board of Directors of Gujarat Themis Biosyn has authorized a significant capital raise of up to ₹1,000 crore through Qualified Institutions Placement. In addition to the QIP, the company will initiate a preferential issue of equity shares to non-promoter investors to bolster its financial position.
Virtuoso Optoelectronics Board Approves ₹250 Crore Fund Raise via Equity and QIP
Virtuoso Optoelectronics Limited has received board approval to raise up to ₹250 crore through various equity-linked instruments. The capital will be utilized to strengthen the company's financial position and support its ongoing growth initiatives in the electronic manufacturing services sector.