"To be held under a closed bidding system, the aggregate total size of the issue will be up to ₹1,000 crore with a base issue size of ₹500 crore. There will be a green-shoe option to retain oversubscription up to ₹500 crore," a statement said.
The funds that will be raised by the Delhi Mumbai Expressway Development, will be used for building animal underpasses and overpasses in the forest areas, finance tree cover along the road stretch, street lights on solar energy, natural stormwater drainage, recycling of construction waste and flyash, rainwater harvesting and digging ponds.
This story is from the December 06, 2024 edition of Financial Express Delhi.
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This story is from the December 06, 2024 edition of Financial Express Delhi.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
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