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IREDA Raises ₹20 Billion Through Qualified Institutional Placement

Life Insurance Corporation of India secured half of the total allotment

June 11, 2025

/ Arjun Joshi
/ Finance and M&A, Other
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Government-owned lender, Indian Renewable Energy Development Agency (IREDA), has raised ₹20.06 billion (~$234.71 million) through qualified institutional placement (QIP) of shares.

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Arjun Joshi

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