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According to the draft papers, the corporation will only issue new shares, and current shareholders will not sell their stakes.

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The NFO is available for subscription from September 17 to September 24.

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For Vi, in 2019, the Supreme Court upheld the Department of Telecom's AGR demand, resulting in a burden of ₹58,000 crore.

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IPO proceeds will be used to fund ₹120 Crore for working capital, ₹30 Crore for acquisitions to support inorganic growth, and general corporate purposes.

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The company sold its shares for ₹163-172 per share. Western Carriers' post-listing market capitalisation is expected to be ₹1,754 crore.

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In addition to tapping into its 5,100-plus service centres in 2,300 cities, the country's leading carmaker is in talks with oil marketing companies (OMCs) and energy companies

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With a higher year-ago base, the maximum gains in WPI inflation came from the food basket

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The price band for the issuance is ₹121 to ₹128 per share. Subscriptions for this issue began on Monday, September 16, and will end today.

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The BSE Midcap Index is down by 1.45%, and the BSE Smallcap Index has seen a decline of 1.77%

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ABCL’s consolidation aims to improve operational efficiency, simplify processes, and enhance capital allocation across subsidiaries, benefiting shareholders.

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