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The company has already secured Rs 20 crore from two anchor investors, Chanakya Opportunities Fund I and Astrone Capital UCC-Arven
Since September 1, 2023, the company has begun scheduling test drives for consumers who have made reservations.
The company did not disclose the contract values but claimed that according to its classification of contracts, the orders fit into the "significant" category, which is worth between Rs 1,000 and Rs 2,500 crore.
The company is raising Rs 200 crore from the issue at a price of Rs 1000 each. Investors need to apply for a minimum of 10 NCDs in a lot.
The company reported a healthy growth in disbursements, reaching Rs 4,500 crore in September, marking an 11% YoY growth
This agreement will allow Varroc Polymers to source solar power for its manufacturing plants in Karnataka and Tamil Nadu.
On September 29, the company announced the demerger of its businesses.
The company priced the IPO in the range of Rs 280-300 per share. Ahead of the issue launch, it has raised about Rs 288 crore from anchor investors.
Key sectors such as power, auto, metal, banking, and oil & gas witnessed declines ranging from 0.5 to 1%.
According to a statement from Coal India Ltd (CIL), the total volume of coal delivered was 1.8 MT more than the 293 MT demand anticipated for this time period.