The state-run lender informed in another exchange filing that the committee will meet again on Thursday, August 24 to "consider and approve the issue price, including a discount, if any there to" for the equity shares to be allotted to qualified institutional buyers.

The Murugappa family has settled all legal disputes with Valli Arunachalam via a family arrangement, ending a prolonged battle that started in 2020. Terms of the settlement are confidential, and listed companies will be unaffected, the family said in a statement.

Sula Vineyards Limited, a pioneer in India's wine industry, is not only expanding its horizons but also redefining the standards of wine tourism. By focusing on strategic growth, enhancing its hospitality offerings, and setting ambitious revenue targets, the company is well on its way to becoming a shining example of success in India's burgeoning wine and tourism sector. As Sula Vineyards continues to evolve, it remains a symbol of innovation and excellence in the world of Indian wines.

The Murugappa Family has announced a long-awaited resolution to their internal conflicts, signaling a renewed sense of harmony among its members. On Sunday, a revelation emerged via a media release. The statement read, "The Murugappa family is pleased to announce that its members have agreed to settle the disputes and differences between the family branch of late Mr. M V Murugappan (including Mrs. Valli Arunachalam and Mrs. Vellachi Murugappan), on one side, and the rest of the family members, on the other side."