The floor price for the offer has been fixed at ₹1,000, which is 18% discount to Wednesday’s closing price of ₹1,228. At the floor price, the OFS could fetch ₹3,260 crore for the promoters.
Aravind Maiya, the CEO of Embassy Office Parks Management Services that manages Embassy REIT, will step down from his post following market regulator Sebi’s direction
The Indian stock market is undergoing a correction. Some sectors like auto and microfinance are facing difficulties. However, the long-term outlook for the market remains
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