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Anant Raj Limited Launches Equity Shares Placement

Story Highlights
  • Anant Raj Limited is launching a qualified institutions placement of equity shares.
  • The floor price is set at ₹695.83, with potential discounts impacting financial strategy.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Anant Raj Limited Launches Equity Shares Placement

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An announcement from Anant Raj Ltd. ( (IN:ANANTRAJ) ) is now available.

Anant Raj Limited has announced the initiation of a qualified institutions placement of equity shares, with a floor price set at ₹695.83 per share, as per the SEBI ICDR Regulations. This move, approved by the company’s board and shareholders, aims to raise capital and potentially offer a discount of up to 5% on the floor price, impacting the company’s financial strategy and market positioning.

More about Anant Raj Ltd.

Anant Raj Limited operates in the real estate industry, focusing on the development of residential and commercial properties. The company is headquartered in New Delhi, India, and is known for its projects in the National Capital Region (NCR).

Average Trading Volume: 376,008

Technical Sentiment Signal: Strong Buy

Current Market Cap: 242B INR

See more insights into ANANTRAJ stock on TipRanks’ Stock Analysis page.

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