08 Oct 2025 | 3 Mins Read
Anant Raj shares decline 4% after QIP launch at Rs 695.83 floor price
Flipitmoney
Anant Raj Ltd's shares fell 4% to Rs 708.40 on the NSE, after its board approved a QIP with a floor price of Rs 695.83 per share, a 5.5% discount to the previous close. This comes amidst a 30% run-up, driven by reports of a potential 20-year tax exemption for data centre developers, expected to boost the sector significantly.