Saatvik Green Energy, a solar module manufacturer, is planning an IPO. The company aims to raise ₹700 crore through fresh equity. It will use the funds to expand capacity and repay debt. An additional ₹200 crore will be raised through an offer for sale. The IPO will reduce promoter stake to 76.02%. Saatvik’s financials show strong revenue and profit growth.
Zee Entertainment approves Rs 600-crore share buyback at Rs 91 apiece; promoters to stay out
Zee Entertainment has approved a Rs 600 crore share buyback at Rs 91 per share, a 24% premium over its latest NSE closing price. The