Proceeds from the fresh issue to the extent of Rs 48.75 crore will be used for funding working capital requirements and general corporate purposes
The massive selling by FPIs has resulted in the BSE's benchmark Sensex falling over 6 per cent year-to-date
Last week, the BSE benchmark gauge Sensex tanked 2,112.96 points or 2.80 per cent, and the NSE Nifty tumbled 671.2 points or 2.94 per cent
Markets may face volatile trends going ahead as investor sentiment continue to remain weak due to escalating trade tariff concerns and foreign fund outflows, experts noted
After some sell-off during the week, Union Minister Piyush Goyal on Saturday opined that the 50-share benchmark Nifty's valuation is decent and reasonable.
Tuhin Kanta Pandey on Saturday assumed charged as the new Sebi chief
An IAS officer from the 1987 Odisha cadre, he has been serving as the Finance Secretary and Secretary of the Department of Revenue; his tenure will span three years from the date he assumes office