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flag OYO plans a bonus share issue and aims for an IPO, targeting a valuation of $7 to $8 billion.

flag 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. flag The company also aims to file for an IPO in November, targeting a valuation of $7 to $8 billion. flag 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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