The corporation has set March 24 as the record date to ascertain if shareholders are eligible for the aforementioned dividend payment.
The offer price was 78% higher than the second-highest bidder and above the 30 billion rupees that NTPC had anticipated when it requested expressions of interest in NTPC Green Energy (NGEL) last year.
The scheme is a target maturity fund and will be managed passively by tracking the performance of Nifty G-sec Jul 2027 Index.
It will provide the services through its domestic and international network and branch at GIFT City, the Gujarat-based emerging global financial and IT services hub.
The firms said to make JV with 50:50 equity participation.
In conversation with Sheetal Agarwal of IIFL, the Founder of the company outlines his growth strategy, macro opportunities and fund-raising plans.
The Scheme has the flexibility to invest in a range of debt instruments and would seek to minimise interest rate risk while avoiding undue credit risks.
Brigade enterprises (BRGD) is looking at strong performance in Q4FY23 across the Residential and Leasing segments. It is on track to report ~20% volume growth for the Residential business in FY23, and has achieved 9MFY23 leasing of >0.9msf, higher than the full year FY22 at 0.8msf.
The company will use net proceeds from the IPO to fund the working capital requirements and for other general corporate purposes.

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