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OYO plans a bonus share issue and aims for an IPO, targeting a valuation of $7 to $8 billion.
OYO, an Indian hospitality chain, plans to propose a 1:1 bonus share issue at its AGM on September 26, benefiting shareholders as of September 30.
The company also aims to file for an IPO in November, targeting a valuation of $7 to $8 billion.
OYO's shares have risen 25% in the last month, and the company forecasts a profit after tax of Rs 1,100 crore for FY 2026.
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OYO planea una emisión de acciones de bonificación y apunta a una OPI, con el objetivo de una valoración de $7 a $8 mil millones.