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Contract Type
partnership
Description
Anya Polytech & Fertilizers Limited has received NSE approval for its Draft Red Herring Prospectus and plans an IPO to issue up to 3,20,00,000 equity shares with a face value of Rs2 each. The proceeds will be used to fund capital expenditure and working capital needs for the company, set up a new project in its wholly owned subsidiary Yara Green Energy Private Limited, support Arawali Phosphate Limited's capital Expenditure and working capital requirements, and cover general corporate purposes. This IPO aims to drive growth and expansion across the company and its subsidiaries.