The plant will utilize flue gases from power plants to produce 10 tonnes per day (TPD) of 4G ethanol, aiming to reduce greenhouse gas emissions significantly.
This IPO, consisting solely of fresh issues, will be available for subscription from June 26 to June 28.
Allied Blenders and Distillers is one of the largest Indian-made foreign liquor (IMFL) companies, offering a diverse portfolio of 16 brands across whisky, brandy, rum, and vodka.
Ami Organics plans to raise ₹500 Crore through this stock option. In April, the company's Board of Directors approved the fundraising request.
According to reports, the base size of the QIP suggests an 8.5% dilution of the company's ownership, while exercising the upside option would boost the dilution to around 10.65%.
At the end of the March quarter, Asia Asia Opportunities V held a 9.88% stake in the company, while General Atlantic Singapore Fund held 9.22%.
No new positions are allowed in F&O contracts for these stocks during the ban period.
Over the past three years, Piramal Finance has expanded as a leading Non-Banking Financial Company-Housing Finance Company (NBFC-HFC) in affordable lending.
SBI shares has witnessed a total of 49% growth in the last one year, and 32% since the beginning of the year.
The collaboration aims to help telcos and communication service providers (CSPs) discover new opportunities, accelerate innovation, and drive sustainable growth with personalized next-generation solutions.
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