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The IPO comprises a fresh issuance of equity shares worth Rs 250 crore and an Offer For Sale (OFS) of 1.19 crore equity shares by Banyantree Growth Capital II, LLC.
Launched in 2019, chargeMOD boasts of a network of over 2,300 charging stations across the country in 10 states and customer support in six languages.
No penal interest on loans, vehicles to cost more, and no paper form for SIM cards are some of the changes coming into effect from January 1.
The Indian Telephone Industries (ITI), which has been producing licenses in the form of PVC cards, ceased printing after the Motor Vehicle Department continued to delay the payment and outstanding arrears touched Rs 8 crore.
The order came in response to a complaint filed by a public activist, Mankavu resident Raymond Antony.
Hundreds of vehicle owners in Kerala, who availed of the vehicle insurance of the state-owned United India Insurance Company are facing the same dilemma.
It will be implemented from October 1
The deadline for updating documents free of charge through the UIDAI portal is September 14.
Committee ordered to submit report within two months.
The Motor Vehicle Department is to set up 28 testing stations in the State. If the State issues a Government Order to start 14 of the 28 fitness testing stations by September 30, it would receive the first installment of Rs 25 crore.