Rajiv Rattan to invest Rs360 crore in Indiabulls Power

Mumbai: Rajiv Rattan, founding chairman of Indiabulls Power Ltd, will infuse Rs.360 crore through a preferential allotment of shares, the company said in a statement. This investment is at a 30% premium to the company’s Friday closing price of Rs.9 per share on BSE.

September 8, 2014, Live Mint