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Sembcorp Green Infra gets SEBI nod for Rs 3,750 cr IPO

Positive+524 sources

GreyOak summary

Sembcorp Green Infra Ltd received final SEBI approval for a Rs 3,750 crore IPO. The Temasek-backed firm plans to use proceeds to repay borrowings and expand its renewable energy portfolio. The company reported revenue of Rs 2,652.50 crore in FY26.

What it affects

  • Renewable energyPositive +52

    Sector expands with new IPO funding.Rolling sentiment Positive +48

  • SEBI regulationPositive +52

    Rolling sentiment Positive +28

Source

Read the original at Mint

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