According to the DRHP filed on July 6, the IPO will include a fresh issue of shares worth ₹2,143.9 crore.
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According to the DRHP filed on July 6, the IPO will include a fresh issue of shares worth ₹2,143.9 crore.
The fresh issue component has been brought down to ₹445 crore from the earlier planned ₹550 crore.
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.
The expansion will unfold over two years, beginning in the last quarter of FY26 and extending into FY27.
Here are some of the stocks that may see significant price movement today: Ola Electric, Tata Steel, Bajel Projects, etc.
On July 08, indices opened negative. However, it bounced back to end higher.
The company cited rising gold prices as a key drag on jewellery demand in the latter half of the quarter.
The expansion will unfold over two years, beginning in the last quarter of FY26 and extending into FY27.
Here are some of the stocks that may see significant price movement today: Ola Electric, Tata Steel, Bajel Projects, etc.
On July 08, indices opened negative. However, it bounced back to end higher.
The company cited rising gold prices as a key drag on jewellery demand in the latter half of the quarter.
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