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Zen Technologies reported a 189% YoY profit surge to Rs 101.04 crore in Q4 FY25, with revenue rising 130%. Strong EBITDA margins, strategic investments in Vector Technics and the US market, and a proposed Rs 2/share dividend boosted sentiment. Shares hit a 5% upper circuit.
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Markets regulator Sebi has made the electronic book mechanism mandatory for all private placement debt issues of Rs 20 crore or above and expanded the platform's scope to include REITs and InvITs.
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India's Colorbar Cosmetics is planning to go public in early 2027, after doubling its revenue this financial year by upgrading its designs, launching new products and opening more stores, the makeup and skincare brand's top boss told Reuters.
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