25, Apr 2025
Infobip Ranked Leader in CPaaS Universe by Omdia for Third Time
Omdia recognizes Infobip as a leading CPaaS provider, delivering exceptional communication services to enterprises, developers, hyperscalers, partners, and telcos.
Pamela Clark-Dickson, Principal Analyst at Omdia, said: “Infobip provides an extensive range of communication channels and APIs. One of its key differentiators from other vendors in this Universe is that it is also at the forefront of adding emerging channels for business messaging, such as RCS Business Messaging and communications, which are crucial growth drivers for the industry and the company. Infobip enhances the developing Network API ecosystem and assists customers in achieving their business objectives through innovative AI and Gen AI features.”
Silvio Kutić, CEO at Infobip, said: “We are driving innovation within the communications platform ecosystem. With more than 9,700 connections to telco companies, our CPaaS platform is a leading option for various communication and customer engagement solutions. Omdia emphasizes our incorporation of AI and Gen AI features in the CPaaS solution, which promotes innovation, develops new use cases, and enhances existing ones. Combined, this has enabled us to strengthen our leadership position in the market this year.”
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25, Apr 2025
PingCAP Unveils Major TiDB Enhancements for Global Scale and AI-Driven Applications
Bengaluru, India, April 25, 2025—Today PingCAP announced a series of product updates that expand its global reach and make it easier for businesses to scale with TiDB. These updates extend the company’s multi-cloud capabilities and strengthen support for AI-driven applications.
TiDB is a unified database platform for transactions, real-time analytics and AI applications. It combines the scalability and performance of NoSQL systems with the reliability and consistency of a transactional database, making it an ideal foundation for hyperscale SaaS companies. Leading innovators such as Pinterest, Plaid and Bolt rely on TiDB to support their growth.
This release marks PingCAP’s most advanced TiDB update to date, delivering new AI features and expanded multi-cloud options.
Key features include:
AI-Ready SQL: TiDB 8.5 includes built-in support for vector search and full-text search, enabling organizations to power AI-driven applications such as Retrieval-Augmented Generation (RAG). Its unified architecture allows teams to run transactional processing, real-time analytics and AI workloads on a single platform, eliminating the need for complex ETL pipelines and separate databases.
Multi-Cloud Freedom & Flexibility: TiDB’s Cloud Dedicated option now supports Microsoft Azure, alongside AWS and Google Cloud. Support for Alibaba Cloud International is scheduled for later this year. TiDB 8.5 also introduces GA support for global indexes on partitioned tables and enhanced cross-region replication—improving availability, performance and resilience across geographies. These features give customers the flexibility to deploy anywhere, avoid vendor lock-in and ensure global availability.
Beyond its headline features, TiDB 8.5 delivers key performance and reliability improvements, such as parallel query execution and enhanced foreign key support.
TiDB isn’t just for hyperscale enterprises. TiDB Serverless now delivers 99.99% availability—up from 99.9% in previous versions—along with multi-tenancy and effortless scalability. This upgrade ensures SaaS innovators can run mission-critical workloads without worrying about database limits. For customers who require dedicated environments, TiDB Cloud Dedicated continues to offer 99.99% availability, with the added control and isolation of a private deployment.
“TiDB is the master of scale for fast-growing SaaS businesses,” said TiDB CEO Max Liu. “No matter how large you are, who your customers are or where you operate, TiDB has a solution that can handle any size workload — now and in the future. There’s no point running one database for AI, another for business analytics, another for transactions. That’s just adding needless complexity and expense. TiDB can do it all. And it can do it better, at lower cost.”
25, Apr 2025
K Raheja Corp Unveils New Luxury Tower at Raheja Galaxy, South Pune
Pune, 25th April 2025: K Raheja Corp Homes, the residential arm of K Raheja Corp, has introduced a new tower at Raheja Galaxy, reinforcing its presence in South Pune’s thriving real estate market. With a proven track record of delivering premium residential spaces, this latest addition caters to the growing demand for thoughtfully designed homes in a well-connected and rapidly developing neighbourhood.
Nestled off NIBM in South Pune, Raheja Galaxy offers seamless connectivity and robust infrastructure, backed by the brand’s promise of on-time delivery and exceptional construction quality. The new tower features a neo-classical architectural design complemented by modern amenities, thoughtfully crafted to meet the evolving aspirations and needs of today’s luxury homebuyers. Starting at ₹1.29 crore, the 2-bed and 3-bed homes offer a balance of space and functionality. The prices are set to be revised upwards after April 30th.
Designed for convenience and an elevated lifestyle, the tower features a striking double-height lobby and ground-level retail spaces, creating a premium high-street living experience. Residents gain access to 75+ lifestyle amenities, including a private garden, Jacuzzi, event pavilion, sports facilities, walkways, a gymnasium, and a dance studio. The tower’s East-West facing apartments provide panoramic sunrise and sunset views, enhanced ventilation, and optimal natural light. Sustainability elements, such as green landscaping, rainwater harvesting, and energy-efficient lighting, further elevate the living experience.
Raheja Galaxy remains a preferred choice for homebuyers seeking premium residences in a high-growth micro-market. With its limited availability, strategic location, and premium features, the new tower offers a compelling investment opportunity in Pune’s residential landscape.
25, Apr 2025
AHPI Delhi Chapter Holds First 2025–27 Executive Committee Meeting at BLK-Max Hospital
New Delhi, 25 April 2025 – On 19th April 2025, the Delhi Chapter of the Association of Healthcare Providers (India) (AHPI) convened its first Executive Committee meeting for the term 2025–27 at BLK-Max Super Speciality Hospital. The session marked the formal induction of the newly appointed leadership team and set the tone for a year of proactive healthcare collaboration, advocacy, and innovation in the capital region.
The meeting was presided over by Dr. Mradul Kaushik, who now serves as the President of the Delhi Chapter. He was joined by Mr. Mahipal Bhanot and Dr. Ajay Bedi, both of whom take on the role of Vice President. Dr. Narin Sehgal has assumed responsibilities as Secretary, with Dr. Gopal Sharma and Mrs. Jeena Jose stepping in as Joint Secretaries. The committee also welcomed a distinguished panel of Advisors, including Dr. C M Bhagat, Dr. Girish Tyagi, Dr. George, and Dr. KK Sethi, all of whom bring decades of experience and thought leadership in healthcare administration and policy.
In this inaugural meeting, the Executive Committee held extensive discussions on the direction and priorities for the year ahead. Five subcommittees were established during the meeting to address the following areas: health insurance, empanelment, training and capacity building, medico-legal and regulatory compliance, and community engagement and media management.
Speaking at the meeting, Dr. Mradul Kaushik, President of the AHPI Delhi Chapter, said, “This committee represents a collective commitment to healthcare excellence. As we step into this new term, our goal is to work shoulder-to-shoulder with all stakeholders—be it hospitals including smaller hospitals, policymakers, or healthcare workers on the ground—to address challenges, share best practices, and advocate for patient-centric reforms. Together, we can create a stronger, more inclusive healthcare ecosystem for Delhi and beyond.”
The meeting concluded with a unified pledge by all members to drive forward AHPI’s core mission of educating, advocating, and partnering to elevate healthcare standards across the region. The Delhi Chapter looks forward to engaging with institutions and communities in its journey to shape a more resilient and responsive healthcare system.
25, Apr 2025
Signature Global Secures ISO Certification for Risk Management Excellence
New Delhi, April 25, 2025: Signature Global (India) Limited, one of India’s leading real estate developers, has announced that it has received the prestigious ISO 31000:2018 certification for risk management. This global recognition highlights the company’s steadfast commitment to adopting best-in-class international practices and ensuring a structured, proactive, and effective approach to risk identification, assessment, and mitigation across all facets of its operations.
Mr. Lalit Aggarwal, Co-Founder & Vice Chairman of Signature Global (India) Ltd.
ISO 31000:2018 is a globally accepted standard that guides organizations in identifying potential risks, analyzing their implications, and implementing effective mitigation strategies. By attaining this certification, Signature Global has demonstrated that it has built a comprehensive and integrated risk management framework. This framework is implemented across all key departments at Signature Global—including Development and Construction, Legal, Sales, Marketing, Business Development, CRM, Facility, IT, HR, Finance, Operations, and other support functions—ensuring a unified and forward-looking approach to managing risk at every level of the organization.
Commenting on the achievement, Mr. Lalit Aggarwal, Co-Founder & Vice Chairman of Signature Global (India) Ltd., said: “At Signature Global, we strive to uphold the highest standards for the benefit of all our stakeholders. Earning the ISO 31000:2018 certification is yet another key milestone in our journey. It reflects our commitment to building a resilient and future-ready organization and drives us to continually raise the bar in the real estate sector. Risk management isn’t just a best practice—it’s a responsibility we take seriously as a forward-thinking company.”
This new certification adds to Signature Global’s impressive list of ISO accreditations, which includes ISO 27001 for information security management, ISO 9001:2015 for quality management, ISO 14001:2015 for environmental management, and ISO 45001:2018 for occupational health and safety.
With the ISO 31000:2018 certification, Signature Global further strengthens its reputation as a responsible and visionary industry leader—committed to managing risks efficiently while upholding excellence across all areas of its operations.
As the company continues to grow and expand, it remains deeply focused on maintaining robust risk management practices that safeguard its projects, its people, and its promise of long-term value to stakeholders.
25, Apr 2025
Honda Motorcycle and Scooter India Launches Road Safety Awareness Campaign in New Delhi
New Delhi, 25th April 2025: In line with its nationwide effort to promote safer riding habits, Honda Motorcycle and Scooter India (HMSI) conducted an interactive road safety awareness campaign at K.R. Mangalam World School in New Delhi. The initiative drew active participation from over 2100 students and staff members, aimed at making road safety education more accessible, practical and relatable to young road users.
Engaging with the youth helps create a ripple effect, influencing family members and communities to also adopt safer riding practices. The campaign was designed to build awareness among young individuals about everyday traffic situations through immersive and engaging learning formats. Activities such as danger prediction training, quizzes, games, helmet awareness activities and more, encouraged the participants to think critically about their responsibility on the road, understand the key road safety principles and apply them in real-life situations.
The team at K.R. Mangalam World School provided active support to enable smooth coordination, ensuring meaningful engagement of the participants for all the sessions. The energy and enthusiasm of the students and staff members strengthened the impact of this initiative, helping spread awareness within the broader community.
HMSI continues to expand its road safety efforts across India by connecting directly with young audiences in schools and colleges. The campaign in New Delhi is one of the many being held across the country, as the company strives to create a safer riding environment, empowering more people with essential knowledge on road safety measures and making road safety a shared responsibility.
Honda Motorcycle & Scooter India’s CSR commitment towards Road Safety:
In 2021, Honda announced its global vision statement for the year 2050 where it will strive for zero traffic collision fatalities involving Honda motorcycles and automobiles. In India HMSI is working in line with this vision and the Government of India direction of reducing fatalities to half by 2030.
One critical aspect of achieving this goal is developing a positive mindset towards road safety in our children by the year 2030 and continuing to educate them thereafter. Road safety education at schools and colleges is not only to create awareness but to introduce a safety culture in young minds and transform them to be the road safety ambassadors. It empowers future generations to become responsible and significantly contribute to a safer society.
HMSI wants to be a company that Society wants to exist and is strongly focusing on spreading Road safety awareness to all sections of society with unique ideas catering to each segment from school kids to corporates and society at large.
HMSI’s set of skilled safety instructors conduct daily programs at our 10 adopted traffic training parks (TTP) across India and 6 Safety Driving Education Centers (SDEC) to make road safety education accessible to every part of society, and the initiative has already reached over 97 lakh Indians. HMSI’s National Road Safety Awareness program made learning fun yet scientific through:
SCIENTIFICALLY DEVISED LEARNING MODULE: Honda’s skilled instructors set the foundation with theory sessions on road signs & markings, driver’s duties on road, riding gear & posture explanation and safe riding etiquettes.
- PRACTICAL LEARNING: A special training activity on Honda’s virtual riding simulator was executed for all to experience over 100 possible dangers on road before actual riding.
- INTERACTIVE SESSION: Participants were given danger prediction training known as Kiken Yosoku Training (KYT) which helps in enhancing rider/driver’s sensitivity to danger and ensures safe driving behaviour on roads.
- EXISTING DRIVERS HONING RIDING SKILLS: Students & school staff members who are already existing riders tested & honed their riding skills through slow riding activities and riding on narrow planks.
25, Apr 2025
Air India Achieves GDP Certification for Cargo, Elevating Pharma Logistics
Chandigarh 25 April 2025: Air India, India’s leading global airline, has been awarded the Good Distribution Practices (GDP) certification for its Cargo business, reinforcing its commitment to delivering world-class logistics solutions for pharmaceutical products.
Air India is the first and only Indian carrier, and among a few in Asia, to have achieved this global standard for excellence in handling, storage, and transportation of time and temperature-sensitive pharmaceutical shipments.
The GDP certification validates Air India’s compliance with international guidelines for the safe and secure distribution of pharmaceuticals. In the financial year 2024-25, Air India transported over 4,000 tonnes of pharmaceuticals across the globe.
“India is one of the world’s key exporters of pharmaceutical products, demanding specialised logistics and precision for their transportation to other parts of the world. This certification provides a shot in the arm to our expertise and capabilities in this specialised space of logistics, assuring partners globally that we are fully equipped to safeguard the integrity of every shipment,” said Ramesh Mamidala, Head of Cargo, Air India.
In its domestic route network, Air India’s GDP-certified stations include major cargo hubs in Delhi, Mumbai, Hyderabad, Bangalore, Chennai, Ahmedabad, Indore, and Goa. Internationally, the certificate covers major gateways like New York (JFK), Newark (EWR), Chicago, London Heathrow, Frankfurt, Paris, and Amsterdam – ensuring seamless connectivity for pharmaceutical shipments both within India and globally.
Strengthening its ability to transport vaccines, biologics, and other high-value medical goods, Air India has made significant investments in enhancing its pharmaceutical handling capabilities, including:
- Partnering with GDP or CEIV-certified Cargo Terminal Operators at key airports
- Joining hands with container solution providers offering both active and passive temperature-controlled solutions
- Specialised trainings for cargo staff on IATA’s Temperature Control Regulations (TCR)
- Procurement of essential equipment and tools such as thermal blankets and the introduction of a cool dolly at Delhi airport to minimise temperature deviations
- Robust Quality Systems: End-to-end documentation and monitoring processes to guarantee traceability and compliance with global standards.
Air India’s GDP certification was awarded following a rigorous audit that included checks for quality manuals for pharmaceuticals, temperature-controlled warehouse and equipment, change control systems, documentation systems and processes, Corrective and Preventive Actions (CAPA) protocols, hygiene, safety and environment, as well as several assessments for risks and deviation management, etc.
With a fast-modernising fleet and expanding global connectivity, Air India is poised to meet the evolving needs of the pharmaceutical sector while contributing to India’s ambition to become a leading air cargo hub.
25, Apr 2025
Adfluence Hub: Enabling data led influencer marketing solutions for brands/agencies
New Delhi, With the world shifting to a digital first space, successful marketing campaigns demand strategies and insights backed by data and this is where Adfluence steps in. Adfluence is an influencer marketing platform that supports brands by enabling them to make decisions backed by data at every stage of their influencer marketing journey. It simplifies campaign planning and tracking while giving valuable insights into industry trends and competitor strategies so as to create more effective marketing plans.
The platform offers a comprehensive suite of features, guiding brands through every stage of an influencer campaign. As a platform, it is your one stop destination for all your influencer marketing needs including SOV of your brand, competitor influencer strategy analysis and insights. Adfluence Hub’s AI-powered video quality control (QC) ensures that content is interesting enough to keep viewers engaged while also assisting in maintaining brand consistency. Its data analytics features offer insightful information on campaign performance, audience engagement, and overall impact which in turn helps you scale efficiently.
“At Adfluence Hub, we bridge the gap between creativity and data-driven marketing,” said Amev Burman, Co-founder, Adfluence Hub. “Our platform enables brands to connect with their audiences more effectively, making influencer marketing seamless and effective.”
Adfluence Hub goes way beyond the realm of influencer discovery, while it is just a small part of what we do, our true potential lies in providing data backed insights at the Industry, Product and Influencer level. By researching market competition and presenting trend based analysis, we empower brands to make a well-informed decision rather than offering just a hit and trial approach. With the help of our platform, companies can work with creators that genuinely understand and share their values and target demographic.This increases the campaigns’ efficacy and helps in channelising a marketer’s focus on building enduring relationships rather than managing complex initiatives.
Adfluence Hub’s Managed Services for the platform provide comprehensive, end-to-end support for brands in planning and executing successful campaigns.
For influencers, Adfluence Hub is an opportunity to partner with top brands and create impactful content hassle-free. With an intuitive interface and powerful features, it is the go-to resource for both influencers and marketing professionals.
Adfluence Hub empowers businesses of all sizes, whether established brands or emerging startups, to navigate the evolving digital landscape with confidence and success.
25, Apr 2025
IEX Reports Audited Financial Results for FY and Q4 Ending March 31, 2025
Mumbai, THURSDAY, 25 APRIL 2025: Key highlights of the audited financial results for the financial year and fourth quarter ending March 31, 2025, as declared by the Company on 24th April 2025, are listed below:
FY’25
- Highest ever traded electricity volume of 121 BUs in FY’25, increase of 18.7% YoY
- 178 lac RECs traded during FY’25, increase of 136.3%. Highest ever RECs traded in a financial year.
- Consolidated Revenue in FY’25 increased 19.3% YoY to INR 657.4 Cr from INR 550.8 Cr in FY’24
- Consolidated PAT in FY’25 increased 22.3% YoY to INR 429.2 Cr from INR 350.8 Cr in FY’24
- For FY’25 Standalone PAT increased 21.4% to Rs.414.6 Cr. from Rs. 341.4 Cr in FY’24.
Q4FY’25
- Highest ever quarterly traded electricity volume of 31.7 BU in Q4FY’25, increase of 18.1% YoY
- 68 lac RECs traded during Q4FY’25, increase of 108%. Highest ever RECs traded in a quarter
- Consolidated Revenue in Q4FY’25 increased 17.0% YoY to INR 174.6 Cr from INR 149.3 Cr in Q4 FY’24.
- Consolidated PAT in Q4FY’25 increased 21.1% YoY to INR 117.1 Cr from INR 96.7 Cr in Q4 FY’24.
- Standalone PAT in Q4 FY’25 increased 17.8% to INR 112 Cr from INR 95.1 Cr in Q4 FY’24.
POWER SECTOR UPDATE
On the power sector front, according to government data, India’s electricity consumption in FY’25 reached 1,694 BUs, representing a 4.4% increase on a year-on-year basis. Given the increase in demand, the Ministry of Power took proactive measures throughout the year to enhance power supply like extending the directive for imported coal-based power plants to operate at full capacity, sale of surplus un-requisitioned power on power exchanges, ensuring the availability of gas-based plants and higher availability of generating units to meet peak demand.
On the fuel side, during FY’25, India’s coal production increased by 5%YoY to reach around 1,048 million tonnes and coal dispatch to the power sector increased by 5.9% YoY to 843 million tonnes. The coal premium under Shakti B8 action has come down to around 10%. Coal inventory on 31st March 2025 stood at nearly 23 days, the highest since 2021.
Overall, the fuel situation has remained stable throughout FY’25. This improved supply scenario resulted in increased sell liquidity at IEX, despite an increase in the country’s energy demand in FY’25. The sell liquidity in the DAM segment increased by 36% on a year-on-year basis, thereby keeping power prices competitive on the exchange. For FY25, the market clearing price in the Day Ahead Market was at Rs. 4.47/unit, as compared to Rs 5.24/unit in FY’24, marking a decline of 14.7% YoY.
On the gas market front, IGX traded highest ever gas volumes of 60 million MMBtu in FY’25, a growth of 47% YoY. The profit after tax for IGX increased 34.3% from INR 23 crores in FY’24 to INR 31 crores in FY’25.
In Q4FY’25, IGX traded a total volume of 20.2 million MMBtu as compared to 8.7 million MMBtu in Q4FY’24, a growth of 132% YoY. The profit after tax for IGX for Q4FY’25 came in at INR 8.9 Cr, compared with INR 4.4 Cr in Q4 FY’24, a growth of 102.9% YoY.
During FY’25, our wholly owned subsidiary International Carbon Exchange (ICX) became accredited as India’s first International Renewable Energy Certificate (I-REC) issuer. Over the last 7 months, a total of 59.27 lakh I-RECs were issued by ICX.
For FY’25 ICX made revenues of INR 3.41 crores compared with INR 32 lakh at the end of FY’24, a growth of 964% YoY.
25, Apr 2025
Ather Energy Limited: IPO Opens on Monday, April 28, 2025
Chandigarh, April 25, 2025: Ather Energy Limited proposes to open an initial public offering of its equity shares of face value of ₹1 each (“Equity Shares”) on Monday, April 28, 2025. The Anchor Investor Bidding Date is one Working Day prior to Bid/Offer Opening Date, being Friday, April 25, 2025. The Bid/ Offer Closing Date is Wednesday, April 30, 2025.
The Price Band of the Offer has been fixed from ₹ 304 per Equity Share to ₹ 321 per Equity Share. Bids can be made for a minimum of 46 Equity Shares and multiples of 46 Equity Shares thereafter.
The initial public offering comprises a Fresh Issue of Equity Shares aggregating up to ₹26,260 million (the “Fresh Issue”) and an Offer for Sale of up to 11,051,746 Equity Shares by the Selling Shareholders comprising up to 980,000 equity shares by Tarun Sanjay Mehta, up to 980,000 equity shares by Swapnil Babanlal Jain (together the “Promoter Selling Shareholders”), up to 6,003,460 equity shares by Caladium Investment Pte Ltd, up to 2,634,514 equity shares by National Investment and Infrastructure Fund II, up to 400,000 equity shares by Internet Fund III Pte. Ltd., up to 31,050 equity shares by IITM Incubation Cell, up to 4,191 equity shares by IITMS Rural Technology and Business Incubator (together the “Corporate Selling Shareholders”) and up to 18,531 equity shares by Amit Bhatia ( “Individual Selling Shareholder”)
The Offer includes a reservation of up to 100,000 Equity Shares of face value of ₹1 each, for subscription by Eligible Employees (the “Employee Reservation Portion”). The Offer less the Employee Reservation Portion is hereinafter referred to as the “Net Offer”. A discount of ₹ 30 per Equity Share is being offered to Eligible Employees bidding in the Employee Reservation Portion (“Employee Discount”).
The Offer is being made in terms of Rule 19(2)(b) of the SCRR read with Regulation 31 of the SEBI ICDR Regulations. The Offer is being made through the Book Building Process in accordance with Regulation 6(2) of the SEBI ICDR Regulations wherein in terms of Regulation 32(2) of the SEBI ICDR Regulations, not less than 75% of the Net Offer shall be available for allocation on a proportionate basis to Qualified Institutional Buyers (“QIBs”, and such portion, the “QIB Portion”) provided that our Company in consultation with the BRLMs, may allocate up to 60% of the QIB Portion to Anchor Investors on a discretionary basis in accordance with the SEBI ICDR Regulations, of which at least one-third shall be available for allocation to domestic Mutual Funds, subject to valid Bids being received from domestic Mutual Funds at or above the Anchor Investor Allocation Price.
In the event of under-subscription or non-allocation in the Anchor Investor Portion, the balance Equity Shares shall be added to the Net QIB Portion.
Further, 5% of the Net QIB Portion shall be available for allocation on a proportionate basis only to Mutual Funds and the remainder of the Net QIB Portion shall be available for allocation on a proportionate basis to all QIB Bidders (other than Anchor Investors) including Mutual Funds, subject to valid Bids being received at or above the Offer Price.
However, if the aggregate demand from Mutual Funds is less than 5% of the QIB Portion, the balance Equity Shares available for allocation in the Mutual Fund Portion will be added to the remaining QIB Portion for proportionate allocation to QIBs.
Further, not more than 15% of the Net Offer shall be available for allocation to Non-Institutional Bidders out of which (a) one-third of such portion shall be reserved for applicants with application size of more than ₹200,000 and up to ₹1,000,000; and (b) two-third of such portion shall be reserved for applicants with application size of more than ₹1,000,000 provided that the unsubscribed portion in either of such sub-categories may be allocated to applicants in the other sub-category of Non-Institutional Bidders and not more than 10% of the Net Offer shall be available for allocation to RIIs in accordance with the SEBI ICDR Regulations, subject to valid Bids being received from them at or above the Offer Price.
All potential Bidders (except Anchor Investors) are required to mandatorily utilise the Application Supported by Blocked Amount (“ASBA”) process by providing details of their respective bank accounts (including UPI ID for UPI Bidders using UPI Mechanism) in which the Bid Amount will be blocked by the SCSBs or the Sponsor Banks, as applicable, to participate in the Offer. Anchor Investors are not permitted to participate in the Anchor Investor Portion of the Offer through the ASBA process.
The Equity Shares of the Company are proposed to be listed on BSE Limited (“BSE“) and the National Stock Exchange of India Limited (“NSE”) (the “Stock Exchanges”). Axis Capital Limited, HSBC Securities and Capital Markets (India) Private Limited, JM Financial Limited and Nomura Financial Advisory and Securities (India) Private Limited are the Book Running Lead Managers (“BRLMs”) to the Offer.
