SREI Infra shares hit 20% upper circuit

SREI Infra

SREI Infrastructure Finance share price surged 20 percent hitting the upper circuit of Rs 7.02 a share on BSE after the company received the expression of interest for up to $250 million capital infusion.

Srei Equipment Finance Limited (SEFL) announced on April 8 that it has received an expression of interest for up to $250 million capital infusion in the company from US-based Arena Investors LP and Singapore’s Makara Capital Partners.

News source: Moneycontrol

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