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The IPO will comprise 47.58 crore shares. It including a fresh issue of 21 crore equity shares and an offer for sale (OFS) of 26.58 crore shares

IIFL Capital Services, JM Financial, UBS Securities India and Avendus Capital are acting as the book-running lead managers for the issue.

The loan has been extended under JBIC’s flagship initiative, Global Action for Reconciling Economic Growth and Environmental Preservation (GREEN).

Power and Instrumentation clarified that the order has been awarded by a domestic entity, with no related-party interests involved.

At around 12.36 PM, Premier Energies was trading 2.35% higher at ₹1,017.50 per piece, against the previous close of ₹994.10 on NSE.

In its results for the quarter ended June 2025, the business has posted a consolidated net profit of ₹1,065 Crore.

Solid LiPF6 salt is a critical raw material for making electrolyte used in lithium-ion batteries, placing the JV directly in a high-demand supply chain.

The JV will leverage Meta’s open-source Llama models to create enterprise AI platforms and tools.

Markets enter a critical week with key IIP, GDP data for India and GDP and PCE inflation data for the US

If Q4FY25 had flattered at 7.4%, then the Q1Y26 GDP growth was a notch better at 7.8%, despite a trade crisis