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Greaves Electric Mobility Plans IPO to Fund Expansion

Greaves Electric Mobility, a division of Greaves Cotton Ltd., has filed a draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) for an initial public offering (IPO). The company intends to raise up to Rs 1,000 crore through a fresh issue of shares, with existing shareholders planning to sell up […]