Paramotor Digital Technology has submitted updated draft papers to the Securities and Exchange Board of India for a proposed issue worth Rs 1,000 crore.
Updated filing submitted to Sebi
The filing marks the latest disclosed step in the company’s plans to pursue a public issue. The updated documents have been submitted to Sebi, the market regulator, for consideration.
What is known about the issue
The available information identifies the proposed issue size as Rs 1,000 crore. No further details about the issue structure, timing or use of proceeds were provided.
The company’s updated Sebi filing keeps its proposed offering in focus as the regulatory process progresses.