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Benchmark U.S. Treasury 10-year note rates, which move counter-cyclically to prices, fell by around 15 basis points immediately following the release of the data before rising to about 3.5%.

The company is selling 80,41,805 equity shares in the range of Rs 481-506 per share from December 13 to December 15.

Sula Vineyards is selling its shares in the range of Rs 340-357 per share. Investors can bid for 42 equity shares in a lot. The issue is entirely an offer for sale.

Following the collapse of its Gurugram-based parent business Lanco Infratech, Lanco Amarkantak had financial issues. Insolvency proceedings were initiated against Lanco Infratech by project lenders, led by PFC.

Sula Vineyards IPO subscription will close on December 14. The IPO price band is fixed at Rs 340-357 per share.

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According to the lender's regulatory filing, the bank's board of directors has authorized the sale of its majority stake in Nainital Bank Limited (NBL) and the issuance of an advertisement inviting expressions of interest through preliminary information memoranda from interested parties.

The company is offering its shares in the range of Rs 256-270 apiece between December 12-15. Investors can bid in the IPO with a lot size of 55 shares.

The share issuance will equate to 5.9% of the private sector lender for each of the two PE firms. After the warrants are converted, their stake will rise to about 10%.

In an affidavit submitted to the National Company Law Appellate Tribunal (NCLAT), the indebted firm reported on the developments in the ongoing resolution procedure through September 30, 2022.