The company will use the net proceeds from the issue for repayment of existing borrowings and other corporate purposes.
Production of mini cars comprising Alto and S-Presso models was 11,348 units last month as compared to 19,396 units in the year ago period, as per the filing.
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Production of 66.4 MTs for the month of December’22 was the highest in this fiscal so far.
Railways register growth of 46% in Reserved Passenger Segment.
Markets end the first day of the year in Green
The company dispatched 394,179 units of motorcycles and scooters in the month of December 2022.
The company stated that these elevations are effective from January 1, 2023.
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