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Shapoorji Pallonji’s solar EPC business announces ₹3,125 crore public offer

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Shapoorji Pallonji’s solar EPC business announces ₹3,125 crore public offer

The promoters of Shapoorji Pallonji’s EPC business called Sterling and Wilson Solar Ltd. are offloading shares worth INR 20.83 billion and INR10. 41 billion in a recent IPO. The net proceeds of the share sale will be utilized by the promoters to settle loans of the company.