MTAR Technologies Ltd. Public Offering of Equity Shares opening on March 3, 2021
Posted On: 2021-02-25 04:09:35 (Time Zone: Arizona, USA)
MTAR Technologies, a Hyderabad based precision engineering solutions company engaged in the manufacturing and development of mission critical precision components and critical assemblies catering to clean energy, nuclear and space and defense sectors, will open the Bid/Offer period in relation to its initial public offering of Equity Shares (the Offer / IPO ) on Wednesday, March 3, 2021 and close on Friday, March 5, 2021. The price band for the Offer has been decided at Rs. 574 - Rs. 575 per Equity Share. The Company and the Selling Shareholders may, in consultation with the book running lead managers (the BRLMs ), consider participation by Anchor Investors which shall be one Working Day prior to the Bid/Offer Opening Date, i.e. Tuesday, March 2, 2021. MTAR has, in consultation with the Book Running Lead Managers, undertaken a Pre-IPO P
On 23 February 2021 Texmaco Rail & Engineering has allotted 93,54,839 equity shares of Re 1 each to Adventz Finance against the conversion of loan into equity shares availed by the Company from Adventz Finance.
The company also allotted 1,61,29,031 equity shares of Re 1 each to i Saroj Kumar Poddar against the conversion of loan into equity shares
availed by the Company from him.
The issue price for the aforesaid conversion was considered as Rs 31 per equity share of face
value of Re 1 each, as approved by the Shareholders and in accordance with Chapter V of the
Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements)
RMG Acquisition Corporation II
ReNew Power, India’s Leading Renewable Energy Company, to Publicly List through Business Combination with RMG Acquisition Corporation II in $8 Billion Transaction
Wednesday, February 24, 2021 6:44PM IST (1:14PM GMT)
New York, United States & New Delhi, India:
ReNew Power, India’s leading renewable energy company, has entered into a definitive business combination agreement with RMG Acquisition Corporation II (“RMG II”); upon closing, the combined entity is expected to be listed on the NASDAQ under the new ticker symbol “RNW”
Pro forma consolidated & fully diluted enterprise value of approximately $8 billion; transaction expected to close in the second quarter of 2021, subject to customary closing conditions