Flair Writing is a leading player in the pens segment, with a revenue of ₹754 crore in FY23 from the pens writing instruments segment in India. The company proposes to utilise the net proceeds of the fresh issue towards setting up a new manufacturing facility for writing instruments funding capital expenditure, working capital requirements and repayment of borrowings.
Shanghai Stock Exchange to run test after transaction delay
The Shanghai Stock Exchange will conduct tests on its auction and other platforms on Sunday following an unexplained transaction delay. The delay occurred during a