Ganesh Infraworld, an EPC firm based in Kolkata, intends to raise funds. The company plans to secure Rs 200-250 crore through a qualified institutional placement soon. Ganesh Infraworld got listed on NSE SME Emerge platform last year. Since its debut, the company’s stock has increased significantly. However, the company’s shares experienced a slight dip recently.
Ind-Ra downgrades Jana Capital, Jana Holdings NCDs to default
India Ratings downgraded Jana Capital and Jana Holdings’ NCDs to default after both entities extended debt repayments by six months due to refinancing challenges. Jana