Orient Green Power Company to raise Rs 250 crore via rights issue
The company has not disclosed the rights issue ratio, price of each share and the record date, said Sumedha Fiscal Services Ltd and Saffron Capital Advisors Pvt Ltd, the lead managers to the issue, citing the draft letter of offer (DLOF) dated May 17, 2024.
![Orient Green Power Company to raise Rs 250 crore via rights issue](https://cdn.zeebiz.com/sites/default/files/2024/05/19/294415-17.jpg?im=FitAndFill=(1200,900))
The company, an independent power producer that uses renewable sources like wind energy, has sought public comments on the offer. Image: Pexels