Promoter entity Proximus Opal to sell 6% stake in Route Mobile via OFS; floor price set at Rs 1,635/share

The upcoming share sale starts on Thursday for non-retail investors, with retail investors getting their chance on Friday. Proximus Opal currently holds a majority stake in Route Mobile. This offering aims to comply with SEBI’s regulations on minimum public shareholding.

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Indranil Bhattacharyya named new MPC member

Bhattacharyya was appointed the RBI’s executive director in March. He has nearly three decades of experience across areas such as monetary policy, fiscal policy, banking,

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