Current Affairs · Disinvestment and Capital Raising
In June 2025, IREDA raised ₹2,005.90 crore through a Qualified Institutional Placement (QIP). Which of the following statements about this QIP is/are correct? 1. The QIP issue was oversubscribed by 1.34 times, highlighting strong investor confidence. 2. As part of the QIP, IREDA issued shares at an issue price of ₹165.14 per share. 3. The funds raised through the QIP will be primarily utilized to support IREDA's expansion in financing renewable energy projects.
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