InoBat AS announced that it will issue 5,575,950 shares at a price of INR 322.861 for gross proceeds of INR INR 1,800,000,299 on June 20, 2024. The transaction includes participation from returning investor Amara Raja Energy & Mobility Limited for 4.5% stakes, will hold 9.32% stakes post completion the transaction. The transaction is expected to close by July 31, 2024, contingent upon meeting the Conditions Precedents outlined in the Transaction Documents.
Amara Raja Energy & Mobility Limited
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INE885A01032
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5-day change | 1st Jan Change | ||
1,587 INR | -0.67% |
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-5.31% | +93.78% |
Jun. 28 | Transcript : Amara Raja Energy & Mobility Limited - Shareholder/Analyst Call | |
Jun. 25 | INDIA STOCKS-Financials, banks boost Indian shares to record highs | RE |
EPS Revisions
1st Jan change | Capi. | |
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+93.78% | 3.5B | |
+9.10% | 108B | |
-16.14% | 60.7B | |
+65.25% | 25.53B | |
-20.02% | 18.11B | |
-32.50% | 13.74B | |
-10.78% | 10.59B | |
+9.94% | 5.06B | |
-13.21% | 4.6B | |
+5.01% | 4.26B |
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- News Amara Raja Energy & Mobility Limited
- InoBat AS announced that it expects to receive INR 1.800000299 billion in funding from Amara Raja Energy & Mobility Limited