This milestone ranks IRFC as the 10th most valuable state-run enterprise in India
EMS has fixed a price band of Rs 200-211 per share for the IPO.
On Friday, a Memorandum of Understanding (MoU) in this respect was signed by the two parties, according to a statement from NTPC.
The fund has filed the insolvency plea through IDBI Trusteeship.
Currently, the bank holds a 19% stake in iProcess.
PVR INOX's BSE quote at 9:25 am was Rs 1,844.95, down Rs 2.90, or 0.16%.
In the block deal, a substantial 4.1 % equity stake, comprising 89 lakh shares, changed hands, although details of the buyer/seller and the price remain undisclosed
Superior product suite – integration with payments and KRA services- has enabled CAMS to win 4 out 6 new clients in FY23; besides migration of Navi MF.
Analysts of IIFL Capital Services channel checks indicate muted demand environment persisting for most of the chemicals in domestic and export markets; however, the recent recovery in chemical prices is being attributed to lower aggression by Chinese suppliers (as strategy shifts from delivering volumes to limiting losses).
According to government authorities, if the telco meets its payment obligations, the DoT will not invoke the bank guarantees.

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