The initial delivery will be carried out in two stages over a 24-month period.
The company has reported revenue growth over the past three years - from INR 4,872.1 million in fiscal year 2022 to INR 5,522.34 million in fiscal year 2024.
The OFS will open for non-retail investors on June 25, followed by retail participation on June 26.
These two new vessels are part of a broader strategy to grow inland river tourism, a space that has quietly gained momentum in recent years, especially with interest picking up in the Northeast.
In the US, the major averages pulled back off their early highs, eventually ending the day narrowly mixed.
Here are some of the stocks that may see significant price movement today: KNR Construction, Reliance Infrastructure, Adani Total Gas, etc.
The board also recommended a final dividend of ₹2.65 per share for FY25.
With this collaboration, both companies aim to build a localised supply chain that can serve critical engine requirements for the country’s air defence.
The receipt of the EIR marks the formal closure of the US health regulator’s pre-approval inspection, which was conducted between February 19 and February 25, 2025.
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