The issue gives a partial exit to private equity investors TPG Asia and HBM. The promoter share will be diluted from 41.8% to 35.2%. The issue proceeds are going to be used for repayment of borrowings.
A former CIO and his sister settled a Sebi front-running case by paying ₹91 lakh and accepting a six-month market ban. Sebi’s probe uncovered ₹27.77
The Nifty’s short-term trend remains weak, but a smart recovery near 23,500 levels suggests a potential upside bounce. A sustained move above 23,800 levels could
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