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Dairy company Milky Mist has filed its draft red herring prospectus (DRHP) with the Securities Exchange Board of India to raise up to Rs 2,035 crore (approximately $239 million) through an initial public offering (IPO) with the fresh issue of shares up to Rs 1,785 crore and offer for sale up to Rs 250 crore.
According to the DRHP, as part of the OFS, the promoter Sathishkumar T will offload his shares worth Rs 150 crore ($17.6 million) while Anitha S will sell shares worth Rs 100…
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Dairy company Milky Mist has filed its draft red herring prospectus (DRHP) with the Securities Exchange Board of India to raise up to Rs 2,035 crore (approximately $239 million) through an initial public offering (IPO) with the fresh issue of shares up to Rs 1,785 crore and offer for sale up to Rs 250 crore.
According to the DRHP, as part of the OFS, the promoter Sathishkumar T will offload his shares worth Rs 150 crore ($17.6 million) while Anitha S will sell shares worth Rs 100…
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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