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The company has fixed the price band at Rs 133 to Rs 140 per equity share
The demerger will involve the distribution business transitioning into KSR Footwear, a move consistent with Khadim India's primarily retail and distribution business model
A 51% stake in TCNS Clothing has been acquired by Aditya Birla Fashion Retail Ltd (ABFRL), making it a promoter of the women's clothing company.
Qatar Investment Authority (QIA) also invested Rs 8,278 crore for a 1% stake in RRVL, valuing the company at Rs 8.278 lakh crore
The price band for the public issue, which closes on September 27, is set at Rs 113-119 per share.
A full maintenance contract with a post-warranty cost of Rs 43.22 crore, including GST, is included in the contract.
The port-related infrastructure company aims to raise Rs 2,800 crore from the issue with a price band of Rs 113-119 per share.
As of June 30, 2023, KKR has roughly USD 519 billion in assets under management.
Nirma Ltd. will conduct a required open offer to all public shareholders of GLS in accordance with SEBI regulations.
Adani Group verified the formation of the entity, Dharavi Redevelopment Project Pvt Ltd, without going into further detail.