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The company will acquire 11,95,510 shares of NZIPL, equaling 49% equity. Additionally, it will acquire 30,00,000 shares of NZPPPL.

The business serves a mix of public sector undertakings and private sector C&I clients, leveraging strong in-house engineering, procurement, and construction capabilities to provide end-to-end solar solutions across India.

As per the reports, Swiggy is offloading its 12% stake in Rapido at ₹2,400 Crore, implying a valuation of ₹20,330 Crore.

The contract, pegged at €4.22 million, will be spread over five years and covers cloud hosting, software licensing and implementation services.

The issue comprises a fresh issue of equity shares worth up to INR 480 crore together with an Offer for Sale of upto INR 333 crore.

Jaro Connect, and a robust digital infrastructure, the company has grown its revenue from ₹1.22 billion in FY 2023 to ₹2.52 billion in FY 2025.

Following the completion of the deal, ICI will be restricted by a 30-day lock-up period on its remaining shareholding, preventing further stake sales during this time.

Anand Rathi, IPO, Financial Services, Broking, Wealth Management

Here are some of the stocks that may see significant price movement today: Polycab India, Tata Steel, Dalmia Bharat, etc.

The company has subscribed 60 Crore partly-paid equity shares of face value of ₹10 each. Of this, the company has paid ₹5 per share on application.