The Hindu·2 min read·medium
NLC India Renewables Limited appoints book running lead managers for IPO
T
The Hindu Bureau
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NLC India Renewables Limited has selected four investment banks to manage its upcoming initial public offering. The IPO aims to raise capital to support the company's renewable energy growth and contribute to India's 2030 non-fossil fuel energy targets.
NLC India Renewables Limited (NIRL), a subsidiary of NLC India Limited (NLCIL), has appointed four leading investment banking institutions as the book running lead managers (BRLMs) for its proposed initial public offering (IPO).
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