Tag: Sterling and Wilson BSE share price today

CNBC-TV18 newsbreak confirmed: Sterling & Wilson launches QIP, floor price set at ₹365.02 per share

bharatkashyap6969
December 11, 2023
Categories: Blog
Tags: Sterling and Wilson BSE share price today, Sterling and Wilson floor price set at ₹365.02 per share, Sterling and Wilson QIP opens, Sterling and Wilson Qualified Institutional Placement, Sterling and Wilson share price, Sterling and Wilson shares, Sterling and Wilson stock price

[ad_1] Renewables solution provider Sterling and Wilson Renewable Energy Ltd on Monday (December 11) officially launched its Qualified Institutional Placement (QIP), as reported by CNBC-TV18. The floor price for the shares has been set at ₹365.02. The funds raised through the QIP are earmarked for debt reduction, as confirmed by sources familiar with the matter. Sources with knowledge of the matter told CNBC-TV18 that Sterling & Wilson Renewable Energy is likely to raise to ₹1,500 crore through the QIP. Sterling & Wilson Renewables is in the process of finalising terms of a $2.2 billion order that its joint venture has ... Read more