Zinka Logistics Solutions plans to raise Rs 1.115 billion through an IPO. The company provides digital platform solutions to truck operators. While it has shown traction, profitability remains a concern. Investors may wait for sustained profitable growth before investing. The promoter stake will fall to 28% post-IPO.
Minority investors show less dissent as cos hear them out
Indian companies are experiencing a decline in shareholder dissent, with resolutions facing over 20% opposition from institutional investors dropping to 16% this fiscal year. Increased