IPO proceeds to cut debt by 50%: Laser Power MD
From the article
Laser Power & Infra plans to use the bulk of its IPO proceeds to halve its debt, strengthen its balance sheet and improve profitability, Chairman & MD Deepak Goel tells Fortune India. The company has earmarked ₹499 crore for debt repayment from its ₹742-crore IPO.
#LaserPowerInfra #IPO #StockMarket #DalalStreet
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