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Fusion CX Limited files DRHP with SEBI to raise Rs. 1,000 crore

Fusion CX Limited files DRHP with SEBI to raise Rs. 1,000 crore

#FusionCXDRHPSEBI    #FusionCXIPO Chandigarh: Fusion CX Limited, a customer experience (CX) service provider, has filed the draft red herring prospectus (DRHP) with capital markets regulator SEBI to raise Rs. 1000 crore through an initial public offering (IPO). According to the DRHP, the Initial Public Offering of the Kolkata-headquartered company consists of a Fresh Issue of equity shares aggregating up to Rs. 600 crore and an Offer for Sale of equity shares aggregating up to Rs. 400 crore. The OFS comprises stake sale by the Promoter Selling Shareholders, P N S Business Private Limited and Rasish Consultants Private Limited. Fusion CX proposes…
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Black Box Declares 50% Dividend: ₹1 per share on Face Value of ₹2 per share

Black Box Declares 50% Dividend: ₹1 per share on Face Value of ₹2 per share

#BlackBoxDeclaresDividend1pershare Chandigarh: Black Box Limited,  Essar’s technology arm and a leading provider of digital infrastructure solutions, announced its audited financial results for the quarter and year ended March 31, 2025. The Company delivered consistent improvement in profitability and operational efficiency, supported by disciplined execution and strategic portfolio realignment. Key metrics showed positive momentum across EBITDA, PAT, and margins, with an expanding order book and a strengthened balance sheet. Consolidated Performance Highlights (in ₹ Crore): Particulars Q4 FY25 Q4 FY24 YoY FY25 FY24 YoY Revenue 1,545 1,480 4% 5,967 6,282 -5% EBITDA 147 122 21% 531 428 24% EBITDA Margin 9.5% 8.2%…
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IPO Listing: Borana Weaves Shares debut at nearly 13% premium

IPO Listing: Borana Weaves Shares debut at nearly 13% premium

#IPOListingBoranaWeaves Mumbai: Shares of textile manufacturer Borana Weaves kicked off its innings at Dalal Street on Tuesday, May 27. The stock listed at a premium of 12.50% at ₹243 on both the BSE and the NSE, This compares to an issue price of ₹216. Ahead of its debut, the grey market premium (GMP) for the company's shares stood at ₹43. The IPO, which was open for bidding between May 20 and May 22, received a bumper response from investors across all categories. The issue was booked 148.77 times overall, with the retail portion subscribed 200.50 times, NII segment 237.41 times,…
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Vi introduces India’s First Truly Unlimited Data Plan ‘Nonstop Hero’ in Punjab

Vi introduces India’s First Truly Unlimited Data Plan ‘Nonstop Hero’ in Punjab

#ViNonstopHeroPunjab Chandigarh: In today’s hyper-connected world, uninterrupted access to data is a necessity. With mobile data powering everything from work to education to health to leisure to lifestyle, the demand for a reliable, worry-free data experience has never been greater. Addressing this need, India’s leading telecom operator Vi, has introduced India’s first truly unlimited data plan* Vi Nonstop Hero in Punjab. Designed to address the issue of data quota exhaustion for prepaid customers, the Nonstop Hero Plan aims to offer a worry-free data experience throughout the entire validity period.  India is witnessing a data revolution. According to a recent report…
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KANODIA CEMENT LIMITED FILES DRHP WITH SEBI

KANODIA CEMENT LIMITED FILES DRHP WITH SEBI

#KANODIACEMENTDRHPSEBI Chandigarh: Kanodia Cement Limited (“the Company”), a cement manufacturing company operating through satellite grinding units (“SGUs”) in the states of Uttar Pradesh and Bihar, specializing in the production of blended cement such as Portland Pozzolana Cement and Composite Cement has filed its Draft Red Herring Prospectus (“DRHP”) with market regulator Securities and Exchange Board of India (“SEBI”).  The Company plans to raise funds through offer of equity share capital via initial public offering. The Public Offer comprises ‘Offer for Sale’ of up to 14,913,930 equity shares with face value Rs.10 each share. As per the CRISIL Report, Kanodia Cement…
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Groww files confidential IPO papers with SEBI

Groww files confidential IPO papers with SEBI

#GrowwfilesIPOpapersSEBI Chandigarh: Groww, India’s largest stock broking firm by active investor base, has confidentially filed for an initial public offering (IPO) with the Securities and Exchange Board of India (SEBI). According to sources familiar with the matter, the IPO size is expected to be around $700 mn - $1 bn, comprising a mix of a fresh issue and an offer for sale component. The company is backed by marquee investors like Peak XV, RIBBIT, YC, ICONIQ, Tiger Capital, and Microsoft CEO Satya Nadella. Proceeds from the IPO are expected to be invested in technology development and business expansion. As reported…
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SCODA TUBES LIMITED ₹220 CRORE IPO TO OPEN ON MAY 28, 2025, Price Band ₹130 to ₹140

SCODA TUBES LIMITED ₹220 CRORE IPO TO OPEN ON MAY 28, 2025, Price Band ₹130 to ₹140

#SCODATUBESIPOon28May #ScodaTubesIPO ·         Price Band fixed at ₹130 to ₹140 per Equity Share of face value of ₹ 10 each (“Equity Shares”); ·         Bids can be made for a minimum of 100 Equity Shares and in multiples of 100 Equity Shares thereafter; ·         RHP link: https://www.mnclgroup.com/storage/scoda-tubes-rhp.pdf Chandigarh: Scoda Tubes Limited (“STL” or “The Company”) shall open its Bid / Issue in relation to its initial public offer of Equity Shares on Wednesday, May 28, 2025. The Anchor Investor Bidding Date shall be Tuesday, May 27, 2025. The Bid/Issue will open on Wednesday, May 28, 2025 for subscription and will close on Friday,…
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Tata Steel inaugurates Phase II expansion of Kalinganagar operations

Tata Steel inaugurates Phase II expansion of Kalinganagar operations

#TataSteelexpansionKalinganagar ~ Annual capacity of the state-of-the-art facility in Odisha jumps from 3 to 8 million tonnes with an investment of Rs 27,000 crore ~ Chandigarh: Hon’ble Chief Minister of Odisha Shri Mohan Charan Majhi today inaugurated the expanded Tata Steel Kalinganagar (TSK) plant, taking the crude steel capacity from 3 to 8 million tonnes per annum (MTPA). The inauguration event was held at the Kalinganagar plant in Jajpur district, in the presence of senior state leaders, members of the local community, Tata Steel’s CEO & MD T. V. Narendran, and other members of the senior leadership. Shri Pradeep Bal Samanta,…
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Venus Remedies Secures Ukrainian GMP Renewal, Strengthening Global Pharmaceutical Presence

Venus Remedies Secures Ukrainian GMP Renewal, Strengthening Global Pharmaceutical Presence

#VenusRemediesUkrainianGMP Chandigarh: Venus Remedies Limited (NSE: VENUSREM, BSE: 526953), a leading global pharmaceutical company, has successfully renewed its Good Manufacturing Practices (GMP) certification from Ukraine's State Service on Medicines and Drugs Control (SMDC). The certification applies to the company's Unit-II manufacturing facility located in Baddi, Himachal Pradesh, covering its cephalosporin, non-cephalosporin (carbapenem), and oncology parenteral production lines, including liquid and lyophilized injections. "Renewal of the Ukrainian GMP certification underlines our unwavering commitment to maintaining world-class manufacturing standards. This milestone not only reinforces our foothold in the Ukrainian market but also facilitates deeper penetration into PIC/S markets, significantly enhancing our international…
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रिलायंस ने पूर्वोत्तर राज्यों के लिए रखा 75 हजार करोड़ का निवेश लक्ष्य

रिलायंस ने पूर्वोत्तर राज्यों के लिए रखा 75 हजार करोड़ का निवेश लक्ष्य

#Relianceinvestment75000croreNE • 25 लाख नए रोजगार मिलेंगे • इस वर्ष पूर्वोत्तर में 1 करोड़ लोग जियो 5जी नेटवर्क से जुड़ जाएंगे • 350 बायोगैस संयंत्र लगाएगी रिलायंस  नई दिल्ली: रिलायंस इंडस्ट्रीज के चेयरमैन मुकेश अंबानी ने पूर्वोत्तर राज्यों में अपने निवेश को 75 हजार करोड़ करने का लक्ष्य रखा है। अभी कंपनी का इन राज्यों में करीब 30 हजार करोड़ का निवेश है। यानी अगले पांच वर्षों में रिलायंस इन राज्यों में करीब 45 हजार करोड़ रुपये का नया निवेश करने जा रही है। मुकेश अंबानी दिल्ली के भारत मंडपम में चल रही ‘राइजिंग नॉर्थईस्ट इन्वेस्टर्स समिट’ में बोल रहे…
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