The transaction is expected to be completed within 60 days of the agreement's signing date.
Series I of such NCDs will mature on January 8, 2030.
The holding of TCP Overseas in Joekels will increase from 51.7% to 75% of the equity share capital.
The company issued around 45.9 lakh shares at a price of Rs 65 per share, the upper end of the price band, to anchor investors.
Here are some stocks that may show significant price movement today.
Record current account deficit in the September quarter can act as a dampener
The announcement was made by Deputy Chief Minister Devendra Fadnavis in the Legislative Council in Nagpur.
April - October Cumulative Growth Touches 4 Per Cent.
At the day end, the shares of the company closed at Rs 363.85 on NSE and Rs 365 on BSE.
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