Current Affairs · Economy & Business
Consider the following statements regarding the Qualified Institutional Placement (QIP) successfully raised by the Indian Renewable Energy Development Agency Ltd. (IREDA) in June 2025: 1. IREDA raised a total fund of ₹2,005.90 crore through the QIP. 2. The capital was mobilized by issuing equity shares at an issue price of ₹165.14 per share. Which of the statements given above is/are correct?
- 1Both 1 and 2✓
- 2Only 1
- 3Only 2
- 4Neither 1 nor 2
Correct answer
Both 1 and 2
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