The sales target for the paints division in FY 2024-25 is set between ₹250-300 Crore, according to Anuj Khandelwal, Business Head of Grey Cement Division.
The proposed fundraising will require necessary regulatory approvals and specific terms that will be finalized during the board meeting.
As of 14:18 p.m. the NII portion was subscribed the most at 29.67 times followed by retail portion which was subscribed 15.48 times.
Manba Finance shares are projected to list on the BSE and NSE on Monday, September 30, 2024.
According to the BSE data, Retail Individual Investors (RIIs) subscribed 114.79 times, while Qualified Institutional Buyers (QIBs) subscribed 56.88 times.
The public issue will close on September 30, 2024, with the anchor book opening for a day on September 25.
The US Federal Reserve dropped its benchmark interest rate by 50 basis points last week, the largest step since Covid.
SpiceJet now has approximately 30 grounded aircraft, which Singh hopes to be reactivated by the end of 2025.
On the National Stock Exchange (NSE), 941 stocks have advanced, while 1,527 stocks have declined.
Max Estates stated earlier this month that it has secured 100% lease commitment for its Max House Phase 2 projects.
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