Post-listing, the promoters intend to retain at least 51% ownership in the company.
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Post-listing, the promoters intend to retain at least 51% ownership in the company.
The resolution was passed during an extraordinary general meeting (EGM) held recently.
The company has positioned itself among the top 10 independent renewable energy producers in India.
Founders Ankita Chugh, Sanjay Manohar Vazirani, and Trans Global Hotels LLP will dilute part of their stakes through the OFS route.
Wakefit intends to use part of the proceeds to grow its offline presence including plans to open 117 regular stores and one larger-format outlet.
For the IPO, the company has brought in ICICI Securities, JM Financial, and Morgan Stanley as lead advisors.
UltraTech Cement, Bharti Airtel hits 52-week high in Sensex and Nifty
The price increase applies to ferro grades with manganese content below 44%, at 44%, and above 44%, as per the company’s stock exchange filing.
This new feature is already available in more than 175 Indian cities, including some of the biggest metros like Delhi, Bengaluru, Chennai, Kolkata, Hyderabad, Pune, and Lucknow.
NHAI has issued an official letter dated July 1, 2025, confirming July 9, 2025, as the “Appointed Date” for the commencement of work on the project.
UltraTech Cement, Bharti Airtel hits 52-week high in Sensex and Nifty
The price increase applies to ferro grades with manganese content below 44%, at 44%, and above 44%, as per the company’s stock exchange filing.
This new feature is already available in more than 175 Indian cities, including some of the biggest metros like Delhi, Bengaluru, Chennai, Kolkata, Hyderabad, Pune, and Lucknow.
NHAI has issued an official letter dated July 1, 2025, confirming July 9, 2025, as the “Appointed Date” for the commencement of work on the project.
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