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Agarwal has also promised to invest $1 billion in Konkola and more than double the operation's copper production as part of his efforts to decrease the parent company's enormous debt load.

According to sources, Hulst BV will sell 1.62 crore shares, bringing the total transaction value to almost Rs 7,400 crores.

Deliveries, according to the business, will begin in Bengaluru in December and spread to other Indian cities by March 2024.

The deal involves the acquisition of a share in UPL SAS by Platinum Trust and TPG Upswing via the Upswing Trust.

According to Ghosh, the bank, which began operations eight years ago, currently has 6,100 banking locations spread across 35 states and union territories.

These NCDs have tenures of 24 months, 33 months and 60 months. It offers coupon rates from 9.10% to 9.70% based on the selection of investors.

Early trading on Thursday saw equity benchmark indices surge, extending their winning streak for the fourth consecutive day.

The Mumbai-based company has strategically allocated 15% of the issue portion to high net-worth individuals, while the remaining 35% is reserved for retail investors.

In conversation with Sheetal Agarwal of IIFL, management streamlines its strengths, growth strategies and opportunity landscape.

These projects will have a 400-megawatt capacity for electricity generation with a total cost of about Rs 3,500 crores.