Torrent Power fixed the floor price of Rs 1555.75 per equity share on December 2 for the Qualified Institutional Placement (QIP). The QIP starts today, the company informed the exchanges.

Torrent Power Ltd.'s board on Monday approved the opening of the qualified institutional placement to raise up to Rs 5,000 crore to pare debt. The floor price for the share sale is set at Rs 1,555.75 ...

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