https://www.taxtmi.com/news?id=62002 Receipt of in-principal approval for the Draft Red Herring Prospectus permits progression toward an IPO offering up to 50,00,000 fresh equity shares and an offer for sale of up to 10,00,000 shares; proceeds from the fresh issue are to be used for repayment or prepayment of certain borrowings, meeting working capital needs, and general corporate purposes. Beeline Capital Advisors is appointed Book Running Lead Manager and MUFG Intime India is Registrar, and the filing includes company operational and financial disclosures alongside forward looking statement disclaimers. en-us Tue, 18 Nov 2025 18:16:03 +0530 Tue, 18 Nov 2025 18:16:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=62002 Receipt of in-principal approval for the Draft Red Herring Prospectus permits progression toward an IPO offering up to 50,00,000 fresh equity shares and an offer for sale of up to 10,00,000 shares; proceeds from the fresh issue are to be used for repayment or prepayment of certain borrowings, meeting working capital needs, and general corporate purposes. Beeline Capital Advisors is appointed Book Running Lead Manager and MUFG Intime India is Registrar, and the filing includes company operational and financial disclosures alongside forward looking statement disclaimers. News - Tue, 18 Nov 2025 18:16:03 +0530 https://www.taxtmi.com/news?id=62002