JSW Infrastructure has priced the issue in the range of Rs 113-119 per share. The IPO, which is entirely a fresh equity issue of Rs 2,800 crore, was subscribed 37 times at close.
Sebi proposes to relax limits for approval, disclosure of related-party transactions
India’s markets regulator has proposed relaxing the threshold for which companies need to seek shareholder approval for related-party transactions though a system based on the