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News for India > Business > IREDA share price dips 2% as it launches QIP to raise ₹5000 crore: Here are key details | Stock Market News
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IREDA share price dips 2% as it launches QIP to raise ₹5000 crore: Here are key details | Stock Market News

Last updated: June 6, 2025 9:31 am
10 months ago
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Stock Market Today: IREDA share price declined up to 2% in the morning trade on Friday The Renewable Energy firm launched a QIP to raise ₹5000 crore: Here are key details

IREDA QIP Key Details 

As per details provided by Indian Renewable Energy Development Agency Ltd of IREDA and with reference to the meeting of Board of Directors held on January 23, 2025, followed by approval of the shareholders of the Company by way of a special resolution passed on February 24, 2025, the Board of Directors of IREDA, at its meeting held on  June 5, 2025, announced details pertaining to the QIP or qualified institutional placemen

The QIP dates – The Board of IREDA authorized the opening of the proposed Issue today, i.e., on June 5, 2025, to eligible qualified institutional buyers;



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