SBI Funds Invests Rs 212 Crore in Ajax Engineering Ahead of IPO ...Middle East

Opinion by : (Devdiscourse) - Saturday 08/02/2025 - 01:54 PM (2025-2-8)

SBI Funds Management Ltd announced an investment of Rs 212 crore in Ajax Engineering, a leading player in the concrete equipment sector, just ahead of the company's upcoming IPO. The funds, deployed through SBI Magnum Children's Benefit Fund and SBI Infrastructure Fund, are part of a strategic share purchase agreement.

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