Equity Moves

The new Norwegian Climate Investment Fund, managed by Norfund, together with KLP, has made its first investment of Rs 900 million in an Indian transmission project in Karanataka being developed by ReNew Power. Norfund and […]

The stakes of Jet Airways’ shareholders will decline by 0.2 per cent upon its takeover by the Jalan Kalrock Consortium. As per official documents, the consortium has made a proposal to reframe the shareholding from […]

HDFC Capital Advisors Limited, a wholly owned subsidiary of HDFC Limited, has marked a $376 million initial close for Scheme 2 of its HDFC Capital Affordable Real Estate Fund-3 (H-CARE 3) (around Rs 30 billion). […]

The Indian Energy Exchange (IEX) has received shareholders’ approval through a postal ballot to buy back shares worth up to Rs 980 million. The company’s board of directors had approved the cash offer for the […]

Digital Edge, headquartered in Singapore, is collaborating with the Na­tio­nal Investment and Infrastructure Fund (NIIF) and AGP DC InvestCo Private Limited to build a pan-Indian portfolio of hyperscale data centres. The first project of the […]

The board of IRB Infrastructure Developers has approved a stock split of 10 for 1. The board of directors of the firm has accepted the proposal for the subdivision of the existing equity shares from […]

GMR Airports Limited and the National Investment and Infrastructure Fund have announced a financial partnership to invest in the equity capital of three airport projects. These include the greenfield international airports at Mopa, in Goa, […]

CPP Investments has invested Rs 18.5 billion (C$310 million or $228.9 million) in the Kotak Infrastructure Investment Fund’s first close. The fund would provide senior and secured financing to India’s operating infrastructure projects.

Transition VC, an energy transition-focused venture capital firm, has inaugurated a fund with a target corpus of Rs 4 billion, which includes a Rs 2 billion greenshoe option. The Bengaluru-based company plans to invest in […]

Climate Angels, an angel investment syndication platform for pollution reduction and climate tech start-ups, has invested in Clean Electric, an en­ergy storage solutions start-up, and helped it raise $2.2 million in a seed round led […]

The board of the Indian Energy Exchange has approved a proposal to buy back equity shares of up to Rs 980 million at a price not exceeding Rs 200 per share through the open market […]

Kotak Alternate Assets, administered by Kotak Investment Advisors Limited, has launched the Kotak Data Centre Fund, which will focus on the data-backed digital economy, enterprise cloud, 5G and Internet of Things (IoT). The alternatives branch […]

Mumbai-based energy platform SolarSquare Energy Private Limited has announced that it has secured Rs 1 billion (about $12 million) in Series A funding, led by Elevation Capital and Chris Sacca’s Lowercarbon Capital. The round also saw participation […]

The Neev II Fund, a small and medium-sized enterprise fund focused on climate and sustainability, has announced an undisclosed investment in Hygenco Green Energies Private Limited. While the fund did not disclose the amount, Hygenco received […]

EKI Energy Services Limited (EKI) has announced that it will invest up to Rs 2 billion as part of a Rs 10 billion ($125 million) climate impact fund that it has launched in partnership with […]

Anahera Investment Private Limited, an affiliate of GIC Private Limited, is likely to provide funds worth Rs 10,450 million as equity for the Gan­ga Six-Lane Expressway Project, Phase I. Besides, the first tranche of Rs […]

CleanMax Enviro Energy Solutions is in discussions with investors to raise $200-$250 million. CleanMax operates over 600 MW of large-scale solar and wind farms and provides corporate customers with renewable energy. It has installed over […]

The Securities and Exchange Board of India (SEBI) has reportedly app­roved the government’s proposal to convert Vodafone Idea Limited’s (Vi) dues worth over $1.92 billion to equity. The government’s stake in Vi, post conversion, could […]

Waaree Energies Limited has raised Rs 10 billion in primary funding from a variety of investors. The promoters took part in this equity raise at the same price. The proceeds will be further used to […]

Suzlon Energy Limited opened its rights issue on October 11, 2022 to raise up to Rs 12 billion. The entitlement ratio for the rights issue is 5:21, which means 5 shares for every 21 equity […]