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Vedanta share price: The government has rejected Vedanta’s request to extend the production sharing contract (PSC) for the CB-OS/2 Cambay Basin oil and gas block, reverting control to ONGC. The decision impacts the Lakshmi and Gauri fields, which produce 3,400 barrels of oil daily, and marks a setback for Vedanta’s energy business.
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Seshaasai Technologies is set to launch its IPO of Rs 813 crore today. The IPO price is between Rs 402 and Rs 423 per share. The IPO will remain open for subscription until September 25. The company plans to use the funds to expand manufacturing and repay debt. Seshaasai Technologies is a payment solutions and IoT-enabled products company.
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Jaro Institute’s Rs 450 crore IPO opens on Tuesday. The price is Rs 846-890 per share. The IPO includes a fresh issue and an offer for sale. Funds will be used for marketing and debt repayment. Jaro partners with IITs, IIMs, and foreign institutions. Revenue and profit have grown significantly.
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Ecoline Exim is set to launch its IPO on Tuesday. The IPO aims to raise Rs 76.42 crore. It includes a fresh issue and an offer for sale. The subscription will remain open until September 25. Listing on NSE SME platform is scheduled for September 30. The company plans to use the funds for a new manufacturing unit in Ahmedabad.
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NSB BPO Solutions launches its IPO today, aiming to raise Rs 77.91 crore. The IPO price is between Rs 140 and Rs 147 per share. The IPO will remain open until September 25. Listing on BSE SME platform is scheduled for September 30. The company plans to use the funds to repay debt and expand operations.
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