Anant Raj Limited Completes QIP, Raises Funds at ₹662 Per Share

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has successfully completed its Qualified Institutions Placement (QIP) of equity shares on October 13, 2025, raising funds at an issue price of ₹662 per share, including a premium of ₹660, reflecting a 4.86% discount to the floor price of ₹695.83. A total of 1,66,16,314 equity shares (face value ₹2 each) were allotted to qualified institutional buyers (QIBs). The company’s Finance and Investment Committee approved the placement document and finalized allocation notes for eligible investors, marking a significant capital-raising milestone for the company.