News Overview

The rating for its 'Longterm/S term -Unallocated limitations' instrument has been improved to [ICRA]AA from [ICRA]AA-/[ICRA]A1+, with future implications.

The price range for the IPO has been set between ₹78 to ₹83 per equity share.

Allotment of shares will be on September 13, refunds will be processed on September 17, and the stock is expected to be listed on exchanges on September 18.

Commercial Vehicles (CV) fell sharply, down 8.5% month on month and 6.05% year on year.

Sona BLW Precision Forgings is an Indian-based worldwide automotive systems and components manufacturer with ten sites in India, China, Mexico, and the United States.

Following the completion of the aforementioned sale, the One Earth Property would be leased back to the corporation for 5 years

Although the creditors are hesitant, IIHL requested last month in a letter that these earlier tax notices be adjusted.

This is a significant relief to Calcutta-based ITC, which operates a luxury five-star hotel in the heart of New Delhi.

In a valuation report on Kishlay Foods, Tracxn stated that the company's sales for the year ended March 2023 was $41.8 million, or roughly ₹350 crore.

The acquisition, worth up to ₹70 Crore, will not be considered a related party transaction. The collaboration with Oh Five Oh Talent LLP.