Market Update: Can Fin Homes Gets Approval to Raise Rs. 4,000 Crore through Debt Instruments
Can Fin Homes has received approval to raise Rs. 4,000 crore through debt instruments. The company can also raise Rs. 1,000 crore through QIP, preferential allotment, or rights issue. The board has also given approval to raise funds from shareholders. Currently, Can Fin Homes’ share is trading at around Rs. 750.50 on NSE, up by 0.71%.
Key Highlights:
– Can Fin Homes has received approval to raise Rs. 4,000 crore through debt instruments.
– The company can also raise Rs. 1,000 crore through QIP, preferential allotment, or rights issue.
– The board has given approval to raise funds from shareholders.
– Can Fin Homes’ share is trading at around Rs. 750.50 on NSE, up by 0.71%.
In a recent development, Can Fin Homes has received approval to raise Rs. 4,000 crore through debt instruments. The company can also raise Rs. 1,000 crore through QIP, preferential allotment, or rights issue. This move will help the company in expanding its business and strengthening its financial position. The board has also given approval to raise funds from shareholders.
Currently, Can Fin Homes’ share is trading at around Rs. 750.50 on NSE, up by 0.71%. The company has been performing well in the market and this move is expected to further boost its growth. With this approval, Can Fin Homes will be able to raise funds to support its expansion plans and meet its financial requirements.
In conclusion, Can Fin Homes’ approval to raise funds through debt instruments and other means is a positive development for the company. This move will help the company in expanding its business and strengthening its financial position. With this approval, Can Fin Homes will be able to raise funds to support its expansion plans and meet its financial requirements.
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