{"id":459518,"date":"2021-12-31T09:32:08","date_gmt":"2021-12-31T04:02:08","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=459518"},"modified":"2021-12-31T10:52:51","modified_gmt":"2021-12-31T05:22:51","slug":"irb-infra-gains-3-after-fundraising","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/irb-infra-gains-3-after-fundraising\/","title":{"rendered":"IRB Infra gains 3% after fundraising"},"content":{"rendered":"<p>NEW DELHI: Shares of IRB Infrastructure added 3 per cent in early trade Thursday after the company said that it has raised Rs 5,346.6 crore upon approving allotment of 25,24,50,000 equity shares at a price of Rs 211.79 per share to Cintra INR Investments BV and Bricklayers Investment.<\/p>\n<p>IRB Infra\u2019s share price rose to a high of Rs 229 as against the previous close of Rs 222.95 on the National Stock Exchange.<\/p>\n<p>As part of the fundraiser, Spanish infrastructure company Ferrovial&#8217;s subsidiary Cintra Global SE will invest equity capital of up to Rs 3,180 crore for a 24.9 percent stake in the company, while GIC will invest equity capital of up to Rs 2,167 crore for a 16.9 percent stake, reports quoted IRB Infrastructure as saying in a press release on Wednesday.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW DELHI: Shares of IRB Infrastructure added 3 per cent in early trade Thursday after the company said that it has raised Rs 5,346.6 crore upon approving allotment of 25,24,50,000 equity shares at a price of Rs 211.79 per share to Cintra INR Investments BV and Bricklayers Investment. IRB Infra\u2019s share price rose to a high of Rs 229 as against the previous close of Rs 222.95 on the National Stock Exchange. As part of the fundraiser, Spanish infrastructure company Ferrovial&#8217;s subsidiary Cintra Global SE will invest equity capital of up to Rs 3,180 crore for a 24.9 percent stake [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,193,136],"tags":[],"class_list":["post-459518","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-roads-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/459518","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=459518"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/459518\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=459518"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=459518"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=459518"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}