Shareholders okays StarBigBloc IPO – launch subject to approvals

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New Delhi [India], June 17: StarBigBloc Building Material Ltd, a wholly-owned subsidiary of BigBloc Construction Limited (BSE: 540061), one of India’s leading manufacturers of Aerated Autoclaved Concrete (AAC) Blocks, Bricks, and Panels, has received shareholder’s approval to raise funds through an Initial Public Offering (IPO). The IPO aims to unlock shareholder value, raise growth capital for expansion, and potentially enhance the overall valuation of BigBloc Construction Ltd.

Highlights:

  • In May 2024 board of directors approved to…



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Shareholders okays StarBigBloc IPO – launch subject to approvals


New Delhi [India], June 17: StarBigBloc Building Material Ltd, a wholly-owned subsidiary of BigBloc Construction Limited (BSE: 540061), one of India’s leading manufacturers of Aerated Autoclaved Concrete (AAC) Blocks, Bricks, and Panels, has received shareholder’s approval to raise funds through an Initial Public Offering (IPO). The IPO aims to unlock shareholder value, raise growth capital for expansion, and potentially enhance the overall valuation of BigBloc Construction Ltd.

Highlights:

  • In May 2024 board of directors approved to…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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