Norwegian state fund invests $20 million in India's IPO-bound SAEL

Norfund has invested the amount through compulsorily convertible preference shares and they will be converted into equity once SAEL is listed on Indian exchanges.

Oct 10, 2025 - 22:30
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Norwegian state fund invests $20 million in India's IPO-bound SAEL
Norfund has invested the amount through compulsorily convertible preference shares and they will be converted into equity once SAEL is listed on Indian exchanges.

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