According to reports, a 7.9% equity block sale was proposed.
Investment banks Kotak Mahindra Capital and IIFL Capital were serving as consultants for the potential block purchase, a third source told Moneycontrol.
The RBI further stated that the product may be considered for adoption by regulated entities.
It is recognized that BNP Paribas' decision to leave Sharekhan is a component of their plan to discontinue running retail businesses in India.
The issuance price was approved at the Capital Issuance Committee meeting on December 11, according to a filing with the exchange by the bank.
Conversely, during the same time frame, exports decreased by 41.8% to 1,816 units.
With a weak demand for SEZ, vacancies have been rising steadily, moved up 2-5ppt over H1FY24.
Investors with very high risk appetite and want to invest for 5 years to diversify their portfolio in equity and debt instruments in Samco Dynamic Asset Allocation Fund.
Tata Power announced in a statement that it will deploy EV charging stations at several IOCL retail locations.
BLS International will continue to offer a variety of services under the terms of the contract, such as assistance with consular matters, passport processing, and visa facilitation.

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