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According to the reports, discussions are still going on and the offering's specifics, including its size and timing, might change.

The subsidiary was formed in the United States on July 2, 2021, and began commercial operations in fiscal year 2024.

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This contrasts with the period's total withdrawals of over $2 billion, which came after an extraordinary selling frenzy in October.

According to NCC, the domestic order is valued at ₹3,389.49 Crore and would be executed within 72 months of its commencement date.

The stock is trading ex-bonus following November 28, which was the record date for the company's bonus share issue.

By the end of FY25, Zepto also plans to run more than 700 dark stores, and Swiggy Instamart wants to increase the number of its dark stores

The aforementioned collaboration is part of both organizations' bigger strategy, and it aligns with their visions of 'Viksit Bharat' and 'Insurance to All'.

The company's entire paid-up equity share capital is ₹19.11 Crore, with 9.55 Crore equity shares allotted through the QIP.

The development comes at a time when Goenka, whose family owns approximately 4% of ZEEL and still retains management control.