Shri Ahimsa Naturals’ IPO was highly successful, being oversubscribed over 60 times. The IPO closed on Thursday with share allotment finalized soon after. The company plans to raise Rs 74 crore for corporate purposes and investments, further enhancing its product line with Green Coffee Bean Extracts and Caffeine Anhydrous Natural.
Rupee holds steady at 86.06 amid RBI Intervention
The Indian rupee closed nearly unchanged at 86.06 per dollar on Monday, despite initial weakness due to high crude oil prices and geopolitical tensions between