Sterling and Wilson Renewable: Sterling and Wilson Renewable plans to raise Rs 1,500 crore equity

Sterling and Wilson Renewable: Sterling and Wilson Renewable plans to raise Rs 1,500 crore equity

Mumbai: Shapoorji Pallonji Group-promoted Sterling and Wilson Renewable Energy Ltd (SWREL) is considering an equity share sale to raise up to ₹1,500 crore to repay its debt maturing this financial year, said people aware of the development. One of the options under consideration is placing shares with investors through the qualified institution placement (QIP) route, … Read more