IRB Infra’s fundraise peeves investors, but brightens prospects for road projects

The steep equity dilution has upset investors, but the deal will halve the standalone company#39;s debt and bring two well-known infrastructure players on board 

from Moneycontrol Business News https://www.moneycontrol.com/news/business/irb-infra’s-fundraise-peeves-investorsbrightens-prospects-for-road-projects_15687181.html