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The Government has received about Rs 1556 crore and Rs 88 crore as dividend tranches from Coal India Ltd. and BHEL, respectively.
The board will discuss issuing private non-convertible debentures (NCDs) as part of their routine refinancing
The IPO consists of a fresh issue of shares valued at Rs 603 crore and an offer-for-sale of Rs 127 crore.
Signature Global India aims to raise Rs 730 crore through the public issue, with the upper end of the price band set at Rs 366-385 per share.
Major factors contributing to the bearish trend include foreign fund outflows and a downturn in HDFC Bank's performance
The IPO price band for Signature Global has been set at Rs 366 to Rs 385 per equity share
The offer will close on September 22. The issue size has been reduced at the time of filing the draft IPO papers from Rs 1,000 crore in July last year.
The company's maiden public issue, valued at Rs 730 crore, will open for subscription on September 20, with the final day for bidding set for September 22.
Management of the IPO-bound company chats with Sheetal Agarwal of IIFL to streamline the company’s strengths, performance and road ahead.
India's goal is to achieve net zero greenhouse gas emissions by 2070, aligning with its sustainability objectives.