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According to the NSE's bulk deal data, Highdell Investment sold 40.76 lakh shares, representing an 8.64% ownership in Cartrade Tech.

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The offer is completely an offer-for-sale (OFS) and the company will not receive any money through this IPO.

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The company aims to raise ₹341.95 Crore through a fresh issue of 1,55,43,000 equity shares.

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The demerger is estimated to take 10 to 12 months to complete, depending on clearances from shareholders, stock exchanges, and SEBI.

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The Capital Raising Committee will decide on the exact terms and conditions for the debt issuance at its next meeting.

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Easy Trip Planners expanded into medical tourism by acquiring 30% of Rollins International for ₹60 Crore.

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However, Gillette India has assured that the termination will have no substantial impact on its total revenues.

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TVSH is a Reserve Bank of India-registered Core Investment Company (CIC) that operates as a non-banking financial institution.

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Coal India will nominate four directors, while RRVUNL will nominate two directors on the JVC’s board.

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