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1. kranti sheth   I Like It. |Report Abuse|  Link|April 26, 2010 5:58:16 PMReply
Textiles manufacturer Welspun India said on Monday that it raised about Rs.156 crore via a share placement to institutional investors.

The funds would be utilized for capital expenditure, investments in growth opportunities and other usage in accordance with applicable statutory and/ or regulatory requirements, the company said in a statement. Motilal Oswal Securities acted as the sole book runner for the QIP issue.