SME SAR Televenture raises Rs 208 cr from Madhusudan Kela, promoter and others through issuance of warrants

SME SAR Televenture has raised Rs 208.46 crore through the issuance of over 1 crore warrants from a group of investors including Madhusudan Kela-backed fund, Choice Strategic Advisors and the promoter group.The warrants were issued at a price of Rs 207 each and Kela’s Founder Collective Fund bought Rs 25 crore worth of warrants. Choice […]

Fitch Upgrades JSW Infrastructure’s rating to investment quality with stable prospects

Fitch Ratings has upgraded the creditworthiness of JSW infrastructure to ‘BBB’ of ‘BB+’ and his prospects as stable, which marked an important milestone in the company investment grades. Fitch confirmed the assessments and expects that the leverage of JSW Infra, measured by the gross debt/EBITDA, in the long term (financial year, ends in the long […]