The planned IPO targets a Rs 3,000 crore fundraising through a mix of new shares and an offer for sale. The OFS comprises up to 32 lakh equity shares, with major contributions from Waaree Sustainable Finance Private Limited, Chandurkar Investments Private Limited, and Samir Surendra Shah.
Neville Noronha quits Avenue Supermarts, Unilever’s Anshul Asawa to be new CEO
Neville Noronha, CEO of Avenue Supermarts, will not renew his contract ending in January 2026 after leading the company for over two decades. Anshul Asawa