Users can earn up to two times more CheQ Chips, which are loyalty points within the platform.
The demerger is estimated to take 10 to 12 months to complete, depending on clearances from shareholders, stock exchanges, and SEBI.
The offer is completely an offer-for-sale (OFS) and the company will not receive any money through this IPO.
According to the NSE's bulk deal data, Highdell Investment sold 40.76 lakh shares, representing an 8.64% ownership in Cartrade Tech.
The Capital Raising Committee will decide on the exact terms and conditions for the debt issuance at its next meeting.
The company aims to raise ₹341.95 Crore through a fresh issue of 1,55,43,000 equity shares.
Easy Trip Planners expanded into medical tourism by acquiring 30% of Rollins International for ₹60 Crore.
SpiceJet now has approximately 30 grounded aircraft, which Singh hopes to be reactivated by the end of 2025.
The public issue will close on September 30, 2024, with the anchor book opening for a day on September 25.
However, Gillette India has assured that the termination will have no substantial impact on its total revenues.

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