The business will be set up under a new venture ‘Novel Jewels Ltd.'
According to Labrique, a significant digital health revolution is about to occur as a result of the recent pandemic, which has increased people's enthusiasm for investing in digital technologies.
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
The combined solution will offer mobility providers a dynamic rewards platform.
Before assuming his current role as CEO and MD, Krithivasan served as the President and Global Head.
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
Young's appointment comes at a time when the billionaire Anil Agarwal-led company is on a global talent acquisition drive