When a company receives a final observation from Sebi, it’s a signal from the regulator to go ahead with the IPO process. The regulator issued its final observations on the draft papers last week.
NTPC Q2 Results: Net profit grows 14% to Rs 5,380 crore
The Board of Directors also approved the first interim dividend of Rs 2.50 on the face value of paid-up equity shares of Rs 10 each