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

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

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.

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.

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.

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.

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 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.