Tata Projects to raise funds at Rs 6,700 cr valuation through rights issue
Tata Projects, the construction subsidiary of the Tata Group, is raising Rs 2,500 crore through a rights issue at a valuation of Rs 6,700 crore. According to a company filing, the rights issue is priced at Rs 163.1 per share, which includes a premium of Rs 158.10. Shareholders participating in the issue include its largest…