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The current IPO blueprint comprises a new equity offering amounting to ₹1,000 Crore alongside a ₹4,000 Crore offer for sale. Within the offer for sale (OFS), the promoter BCP Topco VII Pte is set to divest its stake.

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The company will be paying out its first dividend since going public in 2018.

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In an exchange filing, Muthoot Microfin highlighted substantial growth in the quarter and fiscal year, focusing on credit expansion, rising margins, and declining credit costs.

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In the quarter ending March FY24, the bank reported a total business of ₹4.50 Lakh Crore, marking a 9.62% rise compared to the corresponding period in the previous year, with total advances jumping 15.92% year on year to ₹1.87 Lakh Crore and deposits climbing 5.53% to ₹2.63 Lakh Crore.

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Under the proposed transaction, Trinity will acquire a 100% stake in Strides SA, with a 60% stake from Strides Cyprus and 40% from another shareholder, for ZAR 21.73 million.

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Despite the benchmark indices hitting record highs, the broader market saw mixed results. The BSE SmallCap index ended marginally lower by 0.06%, while the BSE MidCap index gained 0.26%.

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In FY23, output was 6.33 MT, with sales at 5.62 MT. Tata Steel UK's liquid steel production in FY24 was 3.02 MT, with deliveries at 2.80 MT. In FY23, the output was 3.02 MT, with sales of 2.95 MT.

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Som Distilleries achieved its highest-ever sales in a month since entering Karnataka nearly a decade ago, although specific figures were not disclosed.

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Over the past six months, Voltas shares have surged by almost 60%, outpacing the Nifty 50, which rose around 15% during the same period.

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Axis Bank shares have increased by 43% over the previous five years, outperforming the benchmark Sensex's 93% increase and the BSE Bankex index's 64% increase.

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