trending Market Intelligence /marketintelligence/en/news-insights/trending/2cLcP--O_tug9qC7W4fXlw2 content esgSubNav
In This List

Infrastructure Leasing & Financial Services to raise 45B rupees in rights issue

Blog

Banking Essentials Newsletter: 7th February Edition

Case Study

A Bank Outsources Data Gathering to Meet Basel III Regulations

Podcast

Private Markets 360° | Episode 8: Powering the Global Private Markets (with Adam Kansler of S&P Global Market Intelligence)

Blog

Banks’ Response to Rising Rates & Liquidity Concerns


Infrastructure Leasing & Financial Services to raise 45B rupees in rights issue

Infrastructure Leasing & Financial Services Ltd. plans to increase its capital through a rights issue.

The company seeks to raise 45 billion Indian rupees by issuing 300 million equity shares at 150 rupees apiece, according to an Aug. 29 release.

The rights issue is expected to be completed by Oct. 30.

As of Aug. 29, US$1 was equivalent to 70.55 Indian rupees.