The venture aims to cater to discerning consumers seeking design-led, bespoke, and high-quality jewelry.
Moreover, NELCO has the opportunity to pursue additional investments to raise its ownership stake to a minimum of 30%.
Total volume for the month registered a growth of 8%.
Promoters Hardeep Singh and Sumeet Kaur will participate in the OFS by offloading 60 lakh and 30 lakh equity shares respectively.
Paras Defence will hold a 30 % stake in the venture, while CONTROP will hold the remaining 70%.
ICICI Bank can retain a stake of more than 30% but keep it below 48.02% of the company’s paid-up capital.
Investors with very high risk appetite and want to invest for 5 to 7 years in a mutual fund should invest in Kotak Nifty 200 Momentum 30 Index Fund.
Yudiz Solutions aims to revolutionize the gaming landscape by creating a game studio that will produce more than 40 high-quality games annually.
As per the regulatory filing, the record date for the dividend declared is June 30, 2023 and will be credited in shareholders account around July 28, 2023.
Samvardhana Motherson now holds 80% stake in Youngshin Motherson.