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Contract termination has a negative influence on turnover and proportionate profit due to the number of pending contracts to be executed.

The project will involve installing dynamic reactive compensation systems (STATCOMs) at two locations: Khavda Pooling Station 1 (KPS1) and Khavda Pooling Station 3 (KPS3) in Gujarat.

The firm is a real estate developer specialising in high-end, sophisticated lifestyle residential complexes in Mumbai, Maharashtra.

The IPO will consist entirely of fresh equity share issuance, without any offer-for-sale (OFS) component.

FPIs infused $696 Million into Indian equities in a truncated week with FPI reporting only for 3 days

According to BSE data, as of 14:43 p.m. The IPO has been subscribed 56.27 times with the NII portion witnessing the maximum demand by being subscribed 123.93 times.

The transaction will be made using Security Receipts (SRs). The ARC will subscribe to 91.50% of the Security Receipts.

The company may raise an additional ₹140 Crore by private placement, preferential allocation, or rights issue as part of a Pre-IPO placement.

The regulator's assessment also discovered that the noticee notified the stock exchanges of the resignation of its three directors with delays.

As of March 2024, the company had enabled approximately Rs 1.73 trillion in finance, benefiting more than 10 crore people in India.