<h1>Engineering firm raises ?316.7 crore via preferential equity and warrants to expand EPC, defence and solar manufacturing</h1> A listed engineering and manufacturing firm raised ?316.7 crore via preferential equity (?198.7 crore to funds and HNIs) and promoter/strategic-investor warrants (?118 crore) to expand its EPC, defence-manufacturing and infrastructure activities. The capital will fund capacity expansion, technology upgrades and new project execution across EPC and defence verticals, accelerating diversification into defence and solar manufacturing amid domestic infrastructure growth and indigenisation policies. The company, incorporated in 2010 and maker of pipe supports, fasteners, HVAC and vibration-control products with international fire-safety approvals, reports recent EPC orders from major infrastructure players following its 2023 EPC entry.