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This strategy is intended to maintain stability and operational efficiency within the expanded organization.

According to the DRHP, the IPO consists of a fresh issue of ₹800 Crore and an offer by existing shareholders and promoters to sell up to 61.57 million shares.

The company issued an interim dividend of ₹12 per equity share with a face value of ₹2 for fiscal year 25.

Except for capital goods, all sectoral indices registered gains, highlighting positive movement across the broader market.

Another order, worth €26 million, was placed by Grid Solutions Middle East FZE, Dubai, also to be executed over two years.

Asset quality showed slight improvement with gross non-performing assets (NPA) at 1.85%, down from 1.88% quarter-on-quarter (QoQ).

The inspection finished with no observations, and the facility was classified as "No Action Indicated" (NAI).

Paytm's share price dropped further in May, when the Reserve Bank of India (RBI) prohibited its partner firm.

According to FoPE, a lot of businesses are carrying out research abroad in the lack of a 10-year exemption.

MSRTC, one of India's largest state transport undertakings with over 15,000 buses, will see a significant addition to its fleet with this order.