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Rays Power Infra Raises ₹1.27 Billion Via Equity Sale

The company's capital infusion will result in a stake dilution of less than 5%

July 25, 2024

/ Namratha A Rai
/ Finance and M&A, Solar
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Solar EPC and turnkey solution provider Rays Power Infra has raised ₹1.27 billion (~$15.17 million) in equity capital from a clutch of high-net-worth individuals, family offices, funds, and partners in alternative investment funds.

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Namratha A Rai

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