Reliance Power board approves preferential issue of Rs 1,524 crore

Mumbai/IBNS: Reliance Power’s board on Monday (Sept. 23) approved a plan to raise Rs 1,524.60 crore through a preferential issue of 462 million equity shares or warrants, convertible into an equivalent number of shares at Rs 33 per share or warrant, targeting promoters and other investors.

Veranda Learning to raise Rs. 300 crores via preferential Issue

Chennai/IBNS: Veranda Learning Solutions Ltd, a public listed EdTech company (BSE: 543514, NSE: VERANDA), announced that its board of directors on Sept 14 approved a preferential issue to raise Rs 300 crores.