Ramkrishna Forgings raises Rs.1,000-Cr via QIP
Ramkrishna Forgings, India's second-largest forging company, has raised INR 1,000 crore through a qualified institutions placement (QIP) of its equity shares. The new funds will enable the company to reduce its debt and advance its manufacturing initiatives.
Want to receive such news items in your inbox? Click Here to sign up for a trial.