The venture aims to cater to discerning consumers seeking design-led, bespoke, and high-quality jewelry.
The SPDR Gold Trust GLD, the world's largest gold-backed exchange-traded fund, reported a slight decline in holdings on Tuesday.
The business will be set up under a new venture ‘Novel Jewels Ltd.'
Moreover, NELCO has the opportunity to pursue additional investments to raise its ownership stake to a minimum of 30%.
The Wonderla Holidays Ltd stock has delivered a return of 62.15 % over the past five years.
Multibagger Stock Declares Rs 3 per Share Final Dividend for Shareholders
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.
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