Sebi Clears IPO Plans for Carlsberg India, Three Other Companies in Fresh Capital Market Push
Indiaās markets regulator has approved initial public offerings for Carlsbergās local arm and three other companies, opening the door to a new round of listings in a market that has remained active despite global volatility. The approvals cover TMC Transformers, Ujin Pharma and Matangi Rubber, with TMC planning to raise Rs 550 crore through fresh equity to fund a new manufacturing facility.
