Page 2 - Options Segment News Today

ZEEL approaches Mumbai-bench of NCLT seeking directions to implement the merger scheme.

The IPO opened for bidding on Tuesday, February 27, 2024, and will conclude on Thursday, February 29, 2024.

Market activity shows 1342 advancing shares, 1860 declining shares, and 79 unchanged shares.

NCLT and Sebi (Delisting of Equity Shares) Regulations, 2021, mandate the delisting of Reliance Capitals equity shares from stock exchanges.

The company will formally withdraw the case on March 1, 2024.

Consequently, compliance is taking the centre stage with 4x increase in RBI penalties on regulated entities (FY20-23).

Chemical companies such as Gujarat Fluorochemicals are eyeing battery supply chain, while existing players such as Amara Raja are boosting capacities.

Price band for the IPO is set at ₹135 to ₹142 per share

The Japanese investors ownership in One97 Communications has decreased to 2.83% following this most recent sale.

Sheetal Agarwal of IIFL caught up with management of the IPO-bound company. Edited excerpts: