Stallion India Fluorochemicals receives Sebi approval for an IPO with a fresh issue and offer-for-sale component.
Stallion India Fluorochemicals, a refrigerant supplier, receives approval from India's market regulator Securities and Exchange Board of India (Sebi) for an IPO. The IPO includes a fresh issue of up to 1.78 crore equity shares and an offer-for-sale component of 43.02 lakh shares by the promoter, Shazad Sheriar Rustomji. Proceeds will fund working capital, capital expenditure, and corporate purposes.
July 22, 2024
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