New Delhi [India], June 11 (ANI/SRV): Cranfield University, one of the leading specialist postgraduate universities in technology in the United Kingdom, offers its Advanced Lightweight and Composite Structures MSc course to address the industry challenges in the aerospace, automotive, motorsport, marine and renewable energy industries. The one-year, full-time programme aims to deliver strong experimental, numerical, and analytical skills in structural mechanics for both composite and metallic components.

MUMBAI India April 18 2022 PRNewswire -- Indiabulls Real Estate Limited NSE IBREALEST BSE 532832 announced that it has successfully completed a capital raise of 865 billion US 114 million at 10110 per equity share through Qualified Institutional Placement Trading of these shares will commence today ie April 18 2022 on NSE and BSE The fund-raising committee of the Board of Directors of the Company approved the issuance and allotment of 85559435 new equity shares through this Institutional Placement The Placement issue price of 10110 per equity share represents a discount of 496 to the applicable floor price of 10638 per equity share calculated in accordance with applicable SEBI regulations The fund raise resulted in an overall 158 dilution for current shareholders The Institutional Placement was launched on April 7 2022 and witnessed strong response from both existing as well as new institutional investors including global and domestic funds with 50 of the demand from new investors and 70 of the book allocated to long only investors Mr K G Krishnamurthy Non-Executive Chairman Independent Director said We are happy to have successfully concluded the placement We appreciate the ongoing confidence and support of the investment community amid ongoing geo-political headwinds and turbulent markets Mr Sachin Shah President acknowledged We appreciate the support we received from our existing investors as well as many new domestic and global institutional investors This capital will play an important role in supporting our overall growth and will provide us opportunities to rapidly scale in the near term We have outlined a clear plan on execution which these funds will help deliver Subject to applicable regulations the Company proposes to maintain sufficient liquidity and use the Net Proceeds for various purposes including but not limited to capital expenditure including acquisition of land land development rights or development rights long-term working capital refinancingrepaymentpre-payment of the borrowings of the Company andor its Subsidiaries and general corporate purposes Axis Capital Limited Jefferies India Private Limited JM Financial Limited SBI Capital Markets Limited and IIFL Securities Limited served as Joint Bookrunning Lead Managers for the offering For convenience purposes only the exchange rate used in this press release is US1 7581 About Indiabulls Real Estate Indiabulls Real Estate Ltd is a large publicly listed real estate company with a well-diversified presence in residential real estate development across the price spectrum from mid-income to premium to the super luxury space Geographically the companys strategic focus is in key markets of Mumbai Metropolitan Region and the National Capital Region Incorporated in 2006 the Company has through its SPVssubsidiaries delivered 26 million square feet of commercial residential projects including the iconic Indiabulls Blu Estate Club residential towers in Worli and commercial assets known as One Indiabulls Centre and Indiabulls Finance Centre in Lower Parel For more information please contact investorrelationsindiabullscom PWR PWR