India

The TRQ framework cuts or phases out tariffs on set import volumes, letting domestic manufacturers source key raw materials at lower or zero duty.

Subscription closes 7 August, allotment is on 10 August, and listing on NSE and BSE is scheduled for 12 August.

The venture recovers and reuses spent refractories to boost circular mineral supply for steel, cement, and non-ferrous industries.

Silica gel, a highly porous silicon dioxide with vast internal surface area, attracts and retains water vapor without altering its structure, making it a trusted desiccant for industrial and commercial use.

Allotment is expected to be finalised on August 10, with listing on BSE and NSE scheduled for August 12.

The issue is a fresh offering of 37,48,800 equity shares, with 49.95% reserved for QIBs, 15% for HNIs, and 35% for retail investors.

The company’s commercial success with copper alloy ingots demonstrates its ability to diversify into higher-value offerings using its current recycling setup and customer networks.

Despite heightened geopolitical uncertainties, the company experienced no material impact on its operations, supply chain, or financial performance, with higher input costs being effectively passed on to customers.

The packaging and cold-chain components of the cluster are expected to address a critical gap for exporters who have previously faced challenges with product shelf life and presentation in international markets.

Indian paper manufacturer refreshes its corporate identity to reflect innovation, responsible manufacturing and future growth.