IREDA files papers for IPO
Indian Renewable Energy Development Agency’s IPO is first by a public sector enterprise after Life Insurance Corp.’s issue in May 2022.
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Indian Renewable Energy Development Agency’s IPO is first by a public sector enterprise after Life Insurance Corp.’s issue in May 2022.
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The company may also consider a pre-IPO placement aggregating up to Rs 40 crore and if such placement is completed, the size of the fresh issue will be reduced.
Trabucco confirmed the transaction a few months after it happened and eventually submitted his resignation from the company in August 2022.