The Ireda had had a runaway success in the capital market when it got listed last November and the shares have since then rallied over sevenfold.
"We hope to get the permission to open a unit in Gift City at the International Financial Services Centre (IFSC) in Gandhinagar in next two-three months. Once the permission is in, we aim to complete the process very shortly. Once we open the unit, we will tap all sorts of bonds, primarily green and social bonds from there. Given our latest S&P ratings we are confident we can raise funds at much lower rate now," Pradip Kumar Das, chairman and MD, told TNIE here.
This story is from the September 15, 2024 edition of The New Indian Express.
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This story is from the September 15, 2024 edition of The New Indian Express.
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