Orient Green Power Plans Rs 2.5 Billion Rights Issue


Orient Green Power Company has revealed plans to raise up to Rs 2.5 billion through an equity rights issue to its existing shareholders. The company, which operates a portfolio of energy projects in regions such as Gujarat and Karnataka and is expanding internationally to Croatia. The company will issue equity shares with a face value of Rs 10 each. The total amount proposed for the rights issue is not to exceed Rs 2.5 billion.

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