The company did not disclose the contract values but claimed that according to its classification of contracts, the orders fit into the "significant" category, which is worth between Rs 1,000 and Rs 2,500 crore.
Sensex Laggards: NTPC, Axis Bank, IndusInd Bank, Maruti, and More, While Nestle and HDFC Bank Gain
Global oil benchmark Brent crude declined by 0.10% to USD 90.83 a barrel
The board will evaluate and recommend a second interim dividend for the year 2023 in addition to a stock split, the business stated in an exchange filing.
The first half of FY24 saw a surge in the number of IPOs. What is interesting is that barring one IPO, the others are all trading at a premium. Aggregate oversubscription had been around 29-30 times for IPOs overall in the first half of the fiscal.
The company is raising Rs 200 crore from the issue at a price of Rs 1000 each. Investors need to apply for a minimum of 10 NCDs in a lot.
The company reported a healthy growth in disbursements, reaching Rs 4,500 crore in September, marking an 11% YoY growth
The company has already secured Rs 20 crore from two anchor investors, Chanakya Opportunities Fund I and Astrone Capital UCC-Arven
According to ICICI Bank, in a regulatory filing, the institution distributed 4,000 senior unsecured redeemable long-term notes in the form of non-convertible debentures of Rs 4,000 crore.
Since September 1, 2023, the company has begun scheduling test drives for consumers who have made reservations.
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