Senores Pharmaceuticals, Sagility India get Sebi's go ahead to float IPOs

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Senores Pharmaceuticals, Sagility India get Sebi's go ahead to float IPOs - Business Standard

Quick Summary:

Senores Pharmaceuticals Ltd and Sagility India Ltd, a technology-enabled services provider in the healthcare services space, have received Sebi's go ahead to float their Initial Public Offerings (IPOs), an update with the markets regulator showed on Tuesday.

The development from the Securities and Exchange Board of India (Sebi) came a year after the company submitted its draft papers in October 2022 to the regulator proposing to raise Rs 940 crore through the rights issue.

On the other hand, the regulator has returned the rights issue document of The Bombay Dyeing and Manufacturing Company Ltd , the update showed.