CG Power eyes Rs 3,000 crore QIP; issue priced at over 3% discount to market price

Shares of CG Power closed at Rs 682.10 on BSE on Monday.
CG Power & Industrial Solutions plans to raise as much as Rs 3,000 crore through a qualified institutional placement (QIP) at a price of approximately Rs 660, which is nearly 3.25% lower than M…

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