The Board of Kaynes technology has announced a floor price of £ 5,625.75 per share to increase £ 1,600 crore, although the issue of shares based on qualified institutional placement. The fundraising plan was approved by the company’s board on January 22 and by shareholders on 14 February, the company said in legal submission. The QIP problem is open on Thursday.
According to Market Buzz, Pivate Equity Firm TPG ASIA will probably display a 6% interest in contract research and production company Sai Life Sciences LTD via block offers.
Four promotions of Privi Specialty Chemicals – Bhaktavatssala Rao Doppalapudi, Vijaykumar Doppalapudi, Vinaykumar Doppalapudi Rao and Vivira Investment and Trading – has sold a combined 4.09 percent interest in the company for £ 330. They sold a total of 16 Lakh shares in the price range of £ 2,055-2.087.70. After the transactions, the combined promoter -possession in private specialty chemicals fell to 69.96 percent of 74.05 percent. SBI Mutual Fund and SBI Funds Management bought just over 15.02 Lakh shares, Privi Specialty Chemicals, at an average price of RS 2,055.
SAIF Partners, based in Hong Kong, sold through his arm SAIF Partners India IV 53.98 Lakh shares or an interest of 1.38 percent in Le Travenues technology at an average price of £ 180.50. The London -based investment manager Schroders bought 53.68 Lakh shares from the company that operates Ixigo. After stock sales, SAIF partners in Le Travenues technology fell to 12.64 percent of 14.02 percent.
Published on June 20, 2025
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