Bonus shares are a means to compensate existing owners without paying cash dividends. It raises the amount of shares they own.
The partnership will also focus on building local research and development capabilities to support the decarbonization process.
Three SpiceJet aircraft that were previously grounded are being brought back into service, and seven of these aircraft will be leased.
SBI's Amrit Kalash gives 7.10% interest for a 400-day term, while Amrit Vrishti offers 7.25% for 444 days.
The IPO, which is an offer for sale (OFS) of 57,260,001 shares, will see IDBI Bank, NSE, SBI, HDFC Bank, and Union Bank of India partake.
This is the first monthly sales drop at an aggregate level (across segments) since the beginning of the fiscal year.
Tamil Nadu had its sales value more than double from the previous quarter, led by a new project started in fiscal 2025.
Production in Q2 FY25 was limited to 86,000 units, a 7% decrease from 93,000 units in the previous year, due to aluminium supply difficulties.
IPO price band is set between ₹92-95 per share, with a total offer value of ₹264.10 Crore.
The fashion vertical experienced NSV growth in the early teens, while total category sales increased in the early twenties.
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