Western Carriers gets SEBI nod to launch IPO
Western Carriers (India) Ltd has received approval from SEBI to raise funds through an IPO. The company plans to use the proceeds to repay debt, fund capital expenditure, and for general corporate purposes.
Western Carriers (India) Ltd, which filed draft red herring prospectus (DRHP) in June, has received final approval from capital market regulator Securities and Exchange Board of India (SEBI) to raise funds via initial public offering (IPO).
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