Cairn India pre-float issue raises 822 million

摘要

Singapore-The UK's Cairn Energy has raised Rupee 37 billion (822.47 million) in a preflotation private placement of shares in its Indian business Cairn India, the company said November 23. The company placed 209.67 million shares at a price of Rupee 176.48 each in the private placement, which closed November 22.