Sterling & Wilson board approves Rs 1,500 crore fundraise

September 28, 2023

Sterling & Wilson Renewable Energy has announced plans to raise Rs 1,500 crore through debt or equity. The company is considering an equity share sale to repay debt maturing this fiscal year, with a scheduled principal repayment of Rs 1,200 crore between September 2023 and March 2024. Shapoorji Pallonji and Company holds an 18.5% stake in the firm, while a Reliance Industries-linked entity owns 40% equity.

More To Explore

Cochin Shipyard shares tumble 8% as Q2 profit falls 50% YoY despite revenue growth

Cochin Shipyard shares fell sharply on Wednesday after the company reported a nearly 50% year-on-year decline in Q2 FY27 net profit to Rs 54 crore.

November 11, 2026

Kalyan Jewellers shares zoom 10%, hit upper circuit after strong Q2 earnings. What analysts are saying

Kalyan Jewellers shares surged 10% after the company reported a 64% year-on-year jump in Q2 FY27 net profit to Rs 427 crore, aided by a

November 11, 2026

Advertiser Disclosure

Great-investor.com helps users across the globe to find out The latest news, Guides, and Info about finance and investments. Furthermore, our content and research teams do not participate in any advertising planning nor are they permitted access to advertising campaign data.

Disclaimer

It is our organization’s primary mission to provide reviews, commentary, and analysis that are unbiased and objective. While great-investor.com has some data verified by industry participants, it can vary from time to time. Operating as an online business, this site may be compensated through third party advertisers. Our receipt of such compensation shall not be construed as an endorsement or recommendation by great-investor.com, nor shall it bias our reviews, analysis, and opinions. Please see our General Disclaimers for more information.

The information on this website does not constitute investment advice or a recommendation or a solicitation to engage in any investment activity. This website and its content are not intended for residents of the UAE, US, Canada, Australia, UK, Russia, North Korea, China, Japan, Hong Kong, Singapore and Iran.

Top10 International FZ LLE | 17th Floor, Creative Tower | 4422 | Fujairah | TRN: 100608946800003