Motilal Oswal MF acquires 0.6% stake of Jio Financial Services for  ₹754 crore

Motilal Oswal Mutual Fund (MF) acquired 3.72 crore of Jio Financial Services Ltd (JFSL)shares, which is the demerged non-banking financial services (NBFC) unit of the Mukesh Ambani’s  Reliance group, for ₹754 crore via open market transaction. According to the NSE’s bulk deal data, Motilal Oswal Mutual Fund purchased 3,72,00,000 shares, orRead More →

Vishnu Prakash R Punglia IPO:  ₹91.77 crore raised from anchor investors

Ahead of the public issue, an engineering, procurement and construction (EPC) company Vishnu Prakash R Punglia Ltd has raised  ₹91.77 crore from anchor investors on Wednesday. Its initial public offering (IPO) will open for public subscription on Thursday, August 24, 2023. The issue will close on Monday, August 28, 2023. The Jodhpur-basedRead More →