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Posted on February 17, 2025, by Niftynews Ajax Engineering shares faced a rocky start on the stock exchanges when they made their debut on February 17, 2025. Opening at ₹576 on the National Stock Exchange (NSE), the shares were priced 8.43% lower than their initial public offering (IPO) price of ₹629. On the Bombay Stock Exchange…
Aditya Birla Fashion and Retail Limited (ABFRL) has approved a preferential issue of shares worth approximately Rs 2,379 crore. This fund-raising move will involve the issuance of shares to the promoter group and qualified institutional buyers (QIBs). The capital raised will result in an increase in Pilani Investment and Industries’ shareholding in ABFRL from its…