This acquisition represents a 0.01% stake in Swiggy on a fully diluted basis and is intended to be part of Hindustan Composites' investment portfolio, aiming for both short-term and long-term returns.
The dust is beginning to settle in the UK and the future direction of immigration policy under the new government is starting to take shape.
If the transaction goes through, Altigreen will get a major investor who can help it expand up quickly and make greater inroads in key areas.
The penalty is due to a minor inadvertent error in the GSTR-1 filing for the fiscal year 2019-20.
Maruti Suzuki sold 19,190 Brezzas in August, outselling Hyundai's flagship SUV, the Creta, which sold approximately 16,760 units.
When the acquisition was announced, the business stated that it will be paid by internal accruals as well as a combination of debt and stock.
The IPO, totaling ₹835 crore, includes a fresh issue of equity shares worth ₹148 crore and an offer for sale (OFS) of up to 1.76 crore shares valued at ₹687 crore at the upper price band.
In the current fiscal year, the government expects to earn ₹56,260 crore in dividends from public sector firms.
The project is estimated to be worth ₹164 Crore and is slated for completion within 18 months, aligning with the goals of the National Green Hydrogen Mission.
In August, it was the large cap funds that outperformed the mid-cap and small cap funds as the narrative shifted to big

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