Pushp Brand gets Sebi nod for IPO, investors to partially divest stake
Packaged spices company Pushp Brand (India) has received approval from Sebi to float an initial public offering (IPO), the markets regulator said on Thursday. The IPO is an Offer for Sale of up to 74.45 lakh equity shares by existing shareholders. The company, which filed preliminary IPO papers in June, obtained 'final observation' from the regulator on August 27, the update showed. The receipt of Sebi observation is a key step in the IPO process, following which the company can proceed with fu…



