November 12, 2026
Business

KIMS offers 20 mn fresh shares to institutions in a bid to raise ₹1,500 crore(Soban News)

KIMS launched a ₹1,500 crore QIP on Tuesday, offering 19.86 million fresh shares at ₹755 apiece—a 3% discount to market price. Most of the proceeds will retire debt at the listed entity and three subsidiaries, with listing of new shares expected by 25 June.

​KIMS launched a ₹1,500 crore QIP on Tuesday, offering 19.86 million fresh shares at ₹755 apiece—a 3% discount to market price. Most of the proceeds will retire debt at the listed entity and three subsidiaries, with listing of new shares expected by 25 June. by Soban News (international And National News)

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