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Torrent Power QIP oversubscribed 4x against issue size of Rs 3,500 Crores

Ahmedabad : Torrent Power Limited (“Company”), one of India’s leading private sector integrated power utilities, announced successful completion of its Rs 3,500 Crores (approx. USD 413.20 million) Qualified Institutions Placement (“QIP”). The issue garnered significant response from investors including domestic mutual funds, global investors and insurance companies, demonstrating their strong confidence in the Company’s fundamentals […]
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