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.
F&O Talk | Midcaps, smallcaps show strength: Is broader market gaining leadership? Riyank Arora explains
The Nifty index experienced a strong comeback of bullish momentum during the March series, which was much needed after consistent selling over the past five