The company proposes to utilise the net proceeds from the fresh issue towards prepayment of certain outstanding borrowings, capital expenditure funding, and general corporate purposes. JM Financial and Kotak Mahindra Capital are the book running lead managers to the offer.
Rupee ends in the green on likely central bank support
The Indian rupee weakened to 87.53 against the dollar on Friday, despite likely RBI intervention, capping a turbulent week marked by new US tariffs. Portfolio