India, July 9 -- DEE Development Engineers Ltd. has raised Rs 300 crore through a preferential allotment of equity shares to a diversified group of institutional investors, alternative investment funds and strategic investors.
The engineering company issued 59.76 lakh equity shares at Rs 502 per share as part of the fundraise, which comes amid strong business momentum and growth across its operations.
The company said the capital infusion will further strengthen its financial position and support its growth initiatives as it continues to expand its business.
Published by HT Digital Content Services with permission from Dion Global Solutions Limited....