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TV18 is a publicly traded company that owns a 13.54% stake in Viacom18, which is in the process of merging with Disney Star India.

It also identified significant dues in customs, service tax, and goods and services tax (GST) as "disputed."

The IPO will involve a fresh issue of 1.55 Crore equity shares, with no offer-for-sale (OFS) component.

The IPO is scheduled to open for subscription on September 23 and will close on September 25.

The 550 MW LoI is in addition to the company's prior order of 200 MW, bringing Inox Wind's order book to more than 3.5GW.

The price band for the IPO is set between ₹163 to ₹172 per share.

According to the announcement, further negotiations are taking place about financing green energy corridors, wind turbine production, and the EV ecosystem, including charging infrastructure.

The board of directors decided to sell its 51% stake in Kineco Limited to a consortium of investors for a consideration of ₹220 Crore.

Metro Bank will leverage Infosys’ expertise to enhance digital capabilities, streamline automation, improve data management, and incorporate AI advancements into its operations.

The company is also considering a pre-IPO placement of up to ₹120 Crore. If this placement occurs, the size of the fresh issue will be adjusted accordingly.