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IPO● Neutral for Indian equities
Adani-backed Vishakha Renewables files for IPO with ₹1,250 crore fresh issue
The brief
- The company may consider a pre-IPO placement of up to ₹250 crore
- If completed, the placement will reduce the fresh issue size
- Power stocks fall despite ₹1.86 lakh crore PM-DHARA scheme: Tata Power, Adani Power, NTPC, Power Grid in focus
- Adani shares in focus after ₹1.48 crore SEBI settlement over public-shareholding allegations
- SEBI drops Adani MPS case, finding insufficient evidence Vinod Adani controlled FPIs
- India's market regulator disposes of proceedings against Adani Group companies on public-float violations
- Adani Firms Clear Another Regulatory Hurdle With SEBI Settlement