IPO: Meesho gets shareholder nod to raise Rs 4,250 crore, CEO Vidit Aatrey named MD & Chairman – Times of India

IPO: Meesho gets shareholder nod to raise Rs 4,250 crore, CEO Vidit Aatrey named MD & Chairman – Times of India

SoftBank-backed Meesho has secured shareholders’ approval to raise up to Rs 4,250 crore via an initial public offering, according to the company’s regulatory filing.The resolution for the IPO was passed at the Extraordinary General Meeting held on June 25, the filing by the e-commerce firm stated, as reported PTI.As per the filing dated June 27,…

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India’s IPO fundraising set for landmark year 2024: S&P Global Market Intelligence – Times of India

India’s IPO fundraising set for landmark year 2024: S&P Global Market Intelligence – Times of India

NEW DELHI: Fundraising via initial public offerings (IPO) in India is set for another landmark year this 2024, asserted S&P Global Market Intelligence in a report. Economic growth, favorable market conditions and improvements in the regulatory framework helped companies raise record amounts in 2024, the financial information and analytics firm said in its analysis earlier…

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