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The company intends to secure Rs 80 crore through a pre-IPO placement round.
The IPO, featuring shares with a face value of Rs 10, exclusively comprises a fresh issue of equity shares, targeting proceeds of up to Rs 1,800 crore.
The company signed a power-purchase agreement with GRIDCO, an Odisha state power undertaking, for the purchase of 400 MW generated through thermal power plants in Jharsuguda and Sambalpur.
The order includes 55-seater BS VI diesel buses equipped with iGen6 technology, showcasing a powerful 147 kW (197 hp) H-series engine and a focus on passenger comfort
The IPO comprises a fresh issue of Rs 450 crore and an offer-for-sale of up to 24.12 lakh shares by existing shareholders and promoters.
Analysts of IIFL Securities perceived a risk to the sustainability of low discounts, if any of the larger players lost market share.
Accenture reported a 3% sequential decline in deal-bookings in Q4FY23 compared to earlier flat growth expectations, impacting the broader IT sector
TCS successfully capitalizes on global demand for digital transformation, despite a challenging year for the business technology category in general, as stated by the data and consulting company
According to a BSE notification dated September 28, it will be involved in the importing, warehousing, distribution, and exportation of pharmaceuticals.
The company stated in a regulatory filing that it had received an income tax assessment order/demand order for the financial year 2019–20 (assessment year 2020–21) with a tax demand and interest.