Business
Zota Health Care Raises INR 350 Crore via QIP, Onboards MS Dhoni and Suniel Shetty as Brand Ambassadors
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Surat (Gujarat) [India], December 25: Zota Health Care Limited (NSE: ZOTA), a leading generics pharmacy retailer in India, has raised Rs 350 crores from a group of marquee investors through a Qualified Institutional Placement (QIP) issue and signed former Indian cricket captain Mahendra Singh Dhoni and Bollywood actor Suniel Shetty as its brand ambassadors.
The Surat-headquartered company allotted 22,80,130 shares to eligible Qualified Institutional Buyers (QIBs), including foreign portfolio investors, alternative investment funds, and…
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