A share gift from Indo-MIM founder and IIT Madras alumnus Krishna Chivukula is set to generate a Rs 112 crore windfall for the institute through the company’s IPO. IIT Madras will sell half its gifted stake via the OFS while retaining the remaining shares, preserving upside after the listing.
Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and credits belong to the original authors and publishers.