Deciding two connected writ petitions arising from a common Industrial Tribunal Award, the Delhi High Court set aside the Tribunal's direction granting hotel workmen a further…
Labour Laws
06/09/20264 min read
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Bluestone reduces IPO size to Rs 820 Cr; cuts OFS by 42%
Corporate Law & GovernanceSEBI & SCRA
BlueStone has reduced its IPO size to ₹820 crore, cutting its Offer for Sale (OFS) by 42%. This move by the company signals a strategic decision to adjust to market conditions and investor sentiment. The reduction in the IPO size could impact the company's fundraising goals, but it also indicates a more conservative and cautious approach to its public market debut.
