Tag: Capital raise
GENERAL TANFAC Industries Raises ₹423.50 Cr To Fund Its Strategic Growth Plans

Fluorine chemicals manufacturer TANFAC Industries Ltd. has raised ₹423.50 crore through a Qualified Institutional Placement (QIP) and a proposed preferential issue to fund capacity expansion and strategic growth initiatives. The company raised ₹250 crore through the QIP, while its Board has approved a preferential issue of ₹173.50 crore through the allotment of 7,41,082 equity shares […]

CW Bureau · Jul 7, 2026
BANKING & FINANCE Axis Max Life Insurance To Raise ₹389 Cr Via Preferential Issue To Axis Bank

Axis Max Life Insurance Ltd (formerly Max Life Insurance Co Ltd), a leading private insurer, has decided to raise ₹389 crore to support its future growth initiatives through a preferential issue of equity shares to Axis Bank. Accordingly, Axis Max Life will issue 2.51 crore equity shares of face value ₹10 each at a premium […]

CW Bureau · Apr 3, 2026