According to Aditya Birla Capital Ltd., the preferential issuance would take place at a cost of Rs 165.1 per equity share and is pending approval from shareholders.
The floor price for the two-day OFS is set at ₹225 per share.
The company plans to utilize the sale proceeds to expand its renewable energy footprint.
The Confederation of Indian Industry's (CII) Green Business Centre developed the GreenPro ecolabel.
Recommendation: Add; Target Price: Rs 165
NTPC is also planning to come up with initial public offering for its renewable energy arm NTPC Green Energy Ltd (NGEL) to raise funds
The introduction of the Paytm UPI SDK is an additional feature within the existing UPI acquiring arrangement between Paytm Payments Services Ltd. and Paytm Payments Bank.
Resolution plan submitted by JSW Steel was approved last week by NCLT.
This joint venture will be the pioneering entity in India to undertake the complete manufacturing process of CRGO products.
Recommendation: Reduce; Target Price: Rs 697