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Monday, August 21, 2023

Aeroflex Industries IPO opens today: All you need to know

The IPO of stainless steel flexible hose manufacturer Aeroflex Industries Limited (AIL) will open on August 22 and close on August 24. The company has already raised Rs 104 crore from anchor investors. The IPO includes a fresh issue of equity shares worth up to Rs 162 crore and an offer for sale of up to 1.75 crore equity shares by promoter body Sat Industries.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/ydOm1KG

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India Cements becomes subsidiary of UltraTech

UltraTech Cement has acquired a 55.5% stake in India Cements, making it a subsidiary. The acquisition adds 14.5 million tonnes of production...