SBL Energy raises Rs325 cr in growth capital

SBL Energy Limited, the mining/industrial explosives manufacturer in India, has raised Rs325 crore in growth capital from a clutch of marquee investors including Synergy Capital, India SME Investments and Mukul Mahavir Agrawal.

SBL will deploy the funds to expand its manufacturing capacity in India as well as launch new products, stated a company release.

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