Nextgen Semiconductor plans to raise up to Rs 1,500 cr in 12 months

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....extgen Semiconductor plans to raise up to Rs 1,500 cr in 12 months<BR>PTI News<BR>Dated:- 17-9-2025<BR>PTI<BR>Ahmedabad (Gujarat) [India], September 17: Nextgen Semiconductors, which has announced to ....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....set up a chip facility in Gujarat, on Friday said it plans to raise around Rs 1,000-1,500 crore through equity and other instruments in the next 12 months. Nextgen has announced to invest more than Rs....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... 8,800 crore in phases to build India’s fully integrated Silicon (Si) and Silicon Carbide (SiC) power semiconductor platform in Dholera, Gujarat. The above reports published on 12 September 2025 r....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....eferred to a “definitive agreement” between Nextgen Hitech Semiconductor Pvt. Ltd. and Hitachi Energy. This was an incorrect statement. The correct position is that an MoU (Memorandum of Underst....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....anding) has been signed between Hitachi India Pvt. Ltd., Gujarat State Electronics Mission (GSEM), and Nextgen Hitech Semiconductor Pvt. Ltd. Hitachi Energy is not a party to this MoU. (Disclaimer: ....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....The above press release comes to you under an arrangement with PNN and PTI takes no editorial responsibility for the same.). PTI PWR<BR> News - Press release - PIB....