Godrej and Boyce Manufacturing Company Limited ("G&B") has bought 0.65 Acres (approx.) situated at Ambattur, Tamil Nadu.
The Company is taking adequate steps to restore the operations before this week.
The company is offering 26,900,530 equity shares at a price range of Rs 340-357 a share. Investors can apply for 42 shares in a lot, retail investors can apply a maximum of 13 lots.
Volatility likely to be seen in later part of the day
The latest IIP figure for October 2022 (IIP is announced with 1-month lag) marked a sharp fall into negative as IIP for the month dipped to -4.0%. In August 2022, the IIP reporting had been at (-0.68%); the first negative IIP figure after 17 consecutive months of positive IIP.
The company is issuing 1.28 crore equity shares out of which 38 lakh equity shares are fresh issue and an offer for sale of up to 90 lakh equity shares.
Cupid has received a purchase order from United Nations Population Fund (UNFPA).
Harish is a strong commercial leader with more than 2 decades of holistic experience across the consumer and Industrial sectors.
The CPI inflation (retail inflation) for November 2022 came in sharply lower at 5.88%. That is about 50 bps lower than the Bloomberg consensus, which had pegged CPI inflation for November at around 6.32%.

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