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Funding and debt▼ Bearish for Aegis Logistics
Aegis Logistics approves fund raise of up to ₹6,000 crore via various methods
The brief
- Aegis Logistics approved a fund raise of up to ₹6,000 crore
- Proposed routes include equity shares, NCDs and a preferential issue
- Potential equity issuance may dilute Aegis Logistics shareholders; debt issuance could raise financing costs