ZEEL informed that the Singapore Arbitration Centre denied Sony Group's plea to restrain ZEEL from moving to the NCLT for enforcing the merger.
Initiate on EFL with BUY recommendation and 12M target price of ₹603, at 55x FY26 EPS (27% potential returns).
During the same time previous year, the City Gas Distribution Company's net profit was ₹371 Crore.
It is projected that the most recent development will bring in about ₹3,500 Crore.
The per customer charges for re-KYC are expected to range between ₹90-110, with banks conducting the process for compliance purposes
The estimated value of the block deal is between ₹450 and ₹500 Crore.
The IPO opened for subscription on February 13 at a price band of ₹141 to ₹151 per share
The bid results will be declared on February 14.
According to the petition, Jaiswal's attorney, Prashant Bhushan, has new information that would persuade the court to rescind its ruling.
The listing date for the Entero Healthcare IPO is scheduled for Friday, February 16
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