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.
Smart energy meter manufacturer Allied Engineering Works has filed preliminary papers with the markets regulator Sebi to garner funds through an initial public offering (IPO).
This week is packed with corporate actions as numerous companies set record dates for dividends, rights issues, and bonus shares. Notable Nifty stocks like Titan,
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