Solar91 Cleantech Limited Received In-Principle Approval From BSE
Dec 06, 2024
Mumbai (Maharashtra) [India], December 6: The Bombay Stock Exchange (BSE) has approved the Draft Red Herring Prospectus of Solar91 Cleantech Limited for IPO. The company is going public through an IPO to meet out the expenses for investment in its subsidiary for the development of solar projects as an Independent Power Producer (IPP), meet working capital requirements, cover general corporate purposes, and address issue expenses related to the Initial Public Offer. The company has plan to issue fresh Issue up to 54,36,000 equity shares, each with a face value of Rs10, in the forthcoming IPO.