Laser Power & Infra Ltd., an integrated manufacturer of power cables, conductors and specialised products for the power transmission and distribution industry, will launch its Rs 742-crore initial public offering on July 9. The issue will close on July 13, according to its red herring prospectus. The IPO comprises a fresh issue of equity shares worth Rs 542 crore and an offer for sale of shares aggregating up to Rs 200 crore by promoter selling shareholders. Net proceeds from the fresh issue will be used towards repayment or prepayment of borrowings amounting to Rs 490 crore, and for general corporate purposes. The company operates three manufacturing units in West Bengal and reported revenue of Rs 2,326 crore and net profit of Rs 151 crore in FY26. Its order book stood at Rs 3,243 crore as of March 31, 2026. Laser Power, which also has an engineering, procurement and construction division, is a licenced stranding partner of US-based TS Conductor, allowing it to locally manuf...
Mukesh Ambani is hosting Anant Ambani and Radhika Merchant's engagement party at his house Antilia in Mumbai. Shah Rukh Khan, Ranbir Kapoor-Alia Bhatt, Janhvi Kapoor and Ayan Mukerji led the celeb roll call. Shah Rukh Khan arrived with his manager Pooja Dadlani, while Alia and Ranbir were pictured arriving with Ayan. Ranbir looked dashing in a black kurta pyjama set, while Alia looked beautiful in a greet suit. Janhvi Kapoor looked pretty in a pink saree. Check out the pictures below:
The newly engaged couple, Anant and Radhika, was also pictured arriving at their house. For the occasion, Anant opted for a maroon ensemble, while Radhika looked pretty in a peach suit set.
Check out the pictures below:
Mukesh Ambani's younger son Anant Ambani today got engaged to his childhood friend Radhika Merchant (the daughter of industrialist Viren Merchant, CEO of a pharmaceutical manufacturing company). The couple had a traditional Roka ceremony at the Shrinathji Temple in Nathdwara, Rajasthan.
from NDTV News- Special https://ift.tt/LwH8IvR
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