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IL JIN Electronics files draft papers for ₹2,500-crore IPO

The company plans to use the proceeds to repay or prepay certain outstanding borrowings, including accrued interest, availed by the company and its subsidiaries

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IL JIN Electronics files draft papers for ₹2,500-crore IPO

The company plans to use the proceeds to repay or prepay certain outstanding borrowings, including accrued interest, availed by the company and its subsidiaries

IL JIN Electronics (India) Ltd, an arm of Amber Enterprises India Ltd, has filed preliminary papers with the market regulator SEBI to raise 2,500 crore through an initial public offering (IPO). The …

Originally published by BusinessLine. Read the full article →

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