Exelon Infrastructure raises Rs 10 crore; Stock at lifetime high

Exelon Infrastructure Ltd has announced that the Company has successfully raised Rs 10 crores by way of share application for allotment of shares in the preferential issue.

The Company has initiated the process of obtaining the in-principle approval from exchange for the purpose of allotment of shares to the subscribers under preferential allotment.

In a separate release, the company has informed that it has entered into a development agreement with I. K. Projects Pvt. Ltd for the purpose developing readymade apparel garment unit in Apparel Export Park near Hyderabad.