SPP Polymers’ shares debuted on the NSE SME platform with a 6.78% premium, listing at Rs 63 against an issue price of Rs 59. The IPO saw a strong investor response, being subscribed over 40 times. The company plans to use the proceeds for loan repayment, working capital, and general corporate purposes.
Sebi mulls allowing only electronic mode for payment of dividend, interest
Markets regulator Sebi on Friday proposed that listed entities should make all payments, such as dividends, interests and redemptions, through electronic mode only. The proposal