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...
Daryl Mitchell hit a second successive century while Tom Latham missed a ton by two runs as New Zealand piled up 336-5 in the second one-day international against Pakistan in Rawalpindi on Saturday. The stylish one-drop batter improved on his 113 in the first ODI on Thursday with 129 for 119 balls, and was ably supported by Latham (98) and Chad Bowes (51) after New Zealand were sent in to bat by Pakistan. Mitchell smashed three sixes and eight boundaries and consolidated the innings through a third-wicket stand of 183 with skipper Latham, as the pair took full advantage of a flat pitch.
Mitchell was finally caught brilliantly by Mohammad Nawaz off pacer Naseem Shah in the 46th over, while Latham was caught behind off Haris Rauf an over later.
pic.twitter.com/SCV1yaoW3s
— Royals Cricket 🇮🇳 (@ImHimanshu_Raj) April 29, 2023
It was Naseem who gave Mitchell an extra life four short of his hundred when he dropped a simple catch off spinner Usama Mir at mid-on.
Haris rauf to babar-- bhai Aaj to Ghar mein party hai .aata leke aaya hai tera bhai dinbhar line mein lagke
— Prakhar Tiwari (@Prakhar12500879) April 29, 2023
That allowed Mitchell to complete his hundred off 102 balls -- his third in his ODI career.
Latham knocked eight boundaries and a six off 85 balls.
Bowes and Will Young gave New Zealand a 33-run start before pacer Rauf had Young caught behind for 19 in the sixth over.
Bowes, who hit seven boundaries in his maiden ODI half century, steadied the innings with Mitchell as the pair added 86 for the second wicket.
It was Rauf again who broke the stand when he trapped Bowes leg before wicket in the 19th over.
Rauf was the pick of bowlers with 4-78.
Pakistan lead the five-match series 1-0 after winning the first match by five wickets, also in Rawalpindi.
(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)
from NDTV News- Special https://ift.tt/T5eHWjm
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