According to Sun Pharma, the purpose of the strategic investment is to obtain access to the technology for certain compounds and territories while also fostering the development of novel pharmaceutical delivery systems.
Sapphire Foods Mauritius sold 33.37 lakh shares.
The IPO consists of a fresh issue of Rs 400 crore worth of shares and an offer-for-sale (OFS) of 71.6 lakh equity shares
With 1,546 MW in joint ventures, the company's total installed capacity as of September 30 was 7,097.20 MW. Additionally, it has expanded into the solar and wind industries.
The IPO is priced in the range of Rs 52-55 per share.
The aggregate amount of interim dividend was Rs 4,089 crore.
The dollar index, gauging US currency strength against major currencies, traded at 102.551, down 0.02% from the previous close of 102.561
Devyani International was trading at Rs 195.40 at 9:18 a.m. on the BSE, up Rs 12.10, or 6.60%.
Credo Brands has set the price band for the IPO at Rs 266 to Rs 280 per equity share.
The proceeds would be used to pay down debt and establish the market worth of the company.
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