Divine Hira Jewellers IPO will open for subscription from March 17 to March 19, aiming to raise Rs 32 crore through fresh equity shares priced at Rs 90 each. The proceeds will be used for loan repayments, working capital, and corporate needs. The share allotment will be finalized on March 20, with shares listed on March 24.
Finance Ministry eases rules for bonus share issue by companies in FDI-barred sectors
The finance ministry has amended rules, effective June 11, 2025, allowing Indian companies in restricted FDI sectors to issue bonus shares to existing non-resident shareholders,