The company will use net proceeds from the IPO towards funding ongoing project, to invest in future projects and for other general corporate purposes.
The order confirms a tax refund amounting to ₹123.87 Crore, including interest under Section 244A, for the assessment year 2021-22.
Stocks such as JSW Steel, Eicher Motors, Bharti Airtel, and Britannia have reached 52-week highs in the Nifty.
On the last day of the offer, the issue has been subscribed 30.57 times.
The contracts are for comprehensive water and environment management solutions for two 800 MW units at Adani's Raipur and Raigarh ultra-superpower projects.
This move aligns with JIRE's goal of generating 5 GW of power from solar, wind, hybrid, and FDRE sources.
Partnership includes Tata Electronics, Tata Motors, and Tejas Networks, signing a memorandum of understanding (MoU) with ADI for collaboration.
Major power producers in India, including NTPC, are heavily investing in renewable energy to expand their green energy portfolios.
SEBI has directed the Axis Capital board to respond to the observations outlined within 21 days.
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