This is the first such announcement by the company in over a period of nine years that the company will be issuing bonus shares.
Net profit increased 34% YoY to ₹726.2 crore, bolstered by robust volume expansion and operating efficiency.
As part of this offer, there is an offer for sale of up to 11.05 million Equity Shares.
Here are some of the stocks that may see significant price movement today: Bajaj Finance, BPCL, Praj Industries, etc.
Praj informed the bourses that it has also established a Centre of Excellence (CoE) and Innovation for Biopolymers in collaboration with ICT Mumbai.
The solar projects are located across several states in India, enhancing Inox Green's pan-India renewable energy footprint.
The growth in revenue was aided by a steep increase in demand for products such as Current Account Savings Account (CASA) and Cash Management Services (CMS)
The board of directors of the company has proposed a final dividend of ₹7.50 per share for the year ended March 31, 2024
On a quarter-on-quarter basis, the company’s net profit slipped 30.90% against ₹4,649 Crore in the previous quarter.
The Gross Written Premium (GWP) in the March quarter was at ₹2,652 crore, indicating a robust 13.5% rise year-on-year.

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