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Economy - January 5, 2025

Maharashtra Natural Gas likely to list on bourses next fiscal

Maharashtra Natural Gas likely to list on bourses next fiscal

BPCL, GAIL, and IGL will list their joint venture Maharashtra Natural Gas in the upcoming financial year with an IPO of over ₹1,000 crore. The proceeds will be used to expand operations. MNGL, which serves Pune and surrounding areas, reported strong financial results last year. This IPO will help unlock value for investors.

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