Spinaroo Commercial’s Rs 11 crore SME IPO received a marginal response, with shares listing on the BSE SME platform at a GMP of 0% over the issue price of Rs 51. The IPO proceeds will be used for working capital and general corporate purposes.
Vedanta to raise up to Rs 5,000 crore via debentures
Vedanta Ltd’s board has approved raising up to Rs 5,000 crore through debenture issuance on a private placement basis. The mining conglomerate reported a significant