IPO news: OYO parent PRISM clears shareholder vote to raise up to Rs 6,650 crore; listing plan moves a step closer
OYO’s parent company PRISM has secured shareholder approval to raise up to Rs 6,650 crore through a fresh issue of equity shares as part of its proposed initial public offering, signalling steady progress towards a public market debut, according to PTI.The approval was granted at an extraordinary general meeting held on December 20, where shareholders…