MDF margins remained under pressure with GREENP and CPBI reporting 20% and 19% margins respectively in Q3.
A sizeable portion of this corpus is being fueled by the company's most recent $180 million fund-raise, which was disclosed in February of this year and was led by prominent private equity firm KKR. The company was valued at $1.2 billion by the funding
The proposed acquisition is to carry out the business of manufacturing of tiles.
GR Infraprojects Limited has emerged as L-1 bidder to establish "Transmission System for Evacuation of Power from RE Projects in Rajgarh (2500 MW) SEZ in Madhya Pradesh".
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