IREDA shares rise 2% as co plans to raise Rs 1,247 crore via perpetual bonds

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IREDA shares rose 1.9% to Rs 154.85 after launching its first perpetual bond issue.
The company aims to raise Rs 1,247 crore with bonds offering an 8.4% annual coupon rate.
The move strengthens IREDA’s financial position and boosts investor confidence.

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