The company said that ₹592.26 Crore will be paid in cash, while ₹239.25 Crore will be paid through a share transfer, resulting in a 3.17% holding in Nazara.
In August, the CDSCO banned more than 156 fixed-dose combination medications from the Indian market.
However, the Joint Forum, which represents a tiny but substantial section of the workforce, has decided to proceed with its strike plans.
According to stock exchange records, Ecap Equities owned 8.44% of Nuvama and Edel Finance owned 5.18% of it at the end of the June quarter.
RailTel is also preparing to bid on a big government tender for the KAVACH system in locomotives. The tender opened on September 19.
TPG Asia sold almost 2 Crore shares of the company, totalling ₹1,606 Crore. Norwest Ventures sold over 80 lakh shares for ₹644 Crore.
Diffusion Engineers shares are expected to list on the BSE and NSE on Friday, October 4, 2024.
The IPO is valued at ₹341.95 Crore with a price band of ₹209 to ₹220 per share.
This new approval comes on top of the ₹5,000 Crore already raised earlier in the financial year 2024-25.
After the 20 bps upgrade to Q2-2024 GDP estimate in the US, the final estimate maintained the same rate
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