Business Update14 Jul 2026, 04:05 pm
Rajratan Global Wire Receives ₹3.27 Cr Subsidy
AI Summary
Rajratan Global Wire Ltd has received the final tranche of Investment Promotion Assistance (IPA) amounting to ₹3.27 Crores from the Madhya Pradesh Industrial Development Corporation Limited. This subsidy was sanctioned under the Madhya Pradesh Nivesh Protsahayan Yojana, 2014. The total sanctioned IPA was ₹22.92 Crores, with an eligibility period of 7 years and a yearly sanctioned amount of ₹3.27 Crores. This receipt marks the completion of the assistance under the scheme.
Key Highlights
- Received final subsidy tranche of ₹3.27 Crores.
- Total sanctioned assistance amounts to ₹22.92 Crores.
- Subsidy received under MP Nivesh Protsahayan Yojana, 2014.
- Assistance eligibility period is 7 years.
Price Impact
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