Newmalayalam Steel will debut on the NSE SME platform on Friday, with shares expected to list at a 33% premium over the issue price. The public offer proceeds will be used for technological upgrades, solar facility expansion, and brand building. The company manufactures galvanised pipes and tubes for households in Kerala.
Bharti Airtel transfers 69.94% stake in Airtel Payments bank to Airtel Ltd
Bharti Airtel has transferred its entire 69.94 per cent stake in Airtel Payments Bank to wholly-owned subsidiary Airtel Limited, a regulatory filing said on Tuesday.