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flag Swastika Infra, an Indian power company, files for IPO to raise $26.5 million for expansion.

flag Swastika Infra, a Jaipur-based company specializing in power distribution projects, has filed for an Initial Public Offering (IPO) with India's market regulator to raise ₹200 crore. flag The funds will be used for working capital and general corporate purposes. flag The company, which has completed 34 projects across four Indian states, aims to raise money through a fresh issue and the sale of shares by its promoters.

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