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.
This was Sebi’s first board gathering after the emergence of conflict-of-interest allegations directed at the regulator’s chair, Madhabi Puri Buch. Sebi’s press statement issued late
Power Grid Corporation of India’s stock has gained 5.4% due to positive expectations from the forthcoming National Electricity Plan with a capex of Rs 9.2
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