The ethanol and bio-based chemicals manufacturer raised ₹554.75 crore through its public offering
Company’s ₹2106.60 crore initial public offer will finalise the share allotment on November 8 and the listing will take place on November 12, 2024.
Honeywell International's Indian subsidiary reported a 7.3% decrease in revenue from operations, reaching ₹1,024 Crore.
Separately, Welspun Enterprises announced the hiring of Abhishek Chaudhary as CEO, beginning November 4, 2024.
Prestige Estate Projects has bought an estimated 17.45 acres of property in Whitefield, Bengaluru. The projected acquisition cost is ₹462 Crore.
Dividend income increased marginally in the second quarter to ₹7.28 Crore from ₹5.66 Crore in the previous year's quarter.
Revenue from operations increased by 7.6% to ₹2,664 Crore, from ₹2,476 Crore in the same quarter last year.
The company updated its RHP in September and will submit a revised version to the Registrar of Companies and stock exchanges ahead of the final RHP filing.
The euro rose slightly by 0.06% to $1.0824 ahead of GDP readings in Europe, which may influence the European Central Bank’s upcoming rate decision.
NSE regularly updates the F&O ban list daily, based on securities crossing the MWPL threshold.

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