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Tejas Networks Files IPO Papers With SEBI

Tejas Networks Files IPO Papers With SEBI

Tuesday, February 14, 2017, 6:09 PM

Maker of optical networking products, Tejas Networks, has filed draft papers with capital markets regulator Sebi, to raise funds through an initial public offering. According to draft red herring prospectus, the IPO comprises fresh issue of shares worth Rs. 450 crores and an offer for sale of 1.27 crore scrips by shareholders.
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