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Infra.Market eyes public-market route via proposed Shalimar Paints share swap
Infra.Market may access public markets via a proposed Rs 10,440 crore share swap with listed Shalimar Paints. Shalimar would acquire stakes in parent Hella Infra Market and separately raise up to Rs 1,000 crore through a QIP.
Reported figures
From the report. Source details below
| Up to 41.7 crore Shalimar Paints equity shares at Rs 85 each, worth | about Rs 3,545 crore |
|---|---|
| Up to 81.12 crore CCPS at Rs 85 each, worth | about Rs 6,895 crore |
Also in the report
- 185 proposed equity allottees
The source
First seen