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: July Edition - Part 2

Blog

Anticipate the Unknown Go Beyond Fundamentals to Uncover Early Signs of Private Company Credit Deterioration

Blog

Taking Loss Given Default Estimation to the Next Level: An Aspiration for All Creditors, Not Just Banks

Blog

Anticipate the Unknown A Fundamentals Approach to Detect Early Signs of Private Company Credit Deterioration


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.