Silverton Industries files IPO papers with Sebi; seeks to raise Rs 300 cr via fresh issue

Silverton Industries, an eco-friendly paper manufacturer, has filed for an IPO with Sebi to raise funds through a fresh issue of shares worth Rs 300 crore and an offer-for-sale of 3.22 crore equity shares. The company plans to use the proceeds for sustainability initiatives, capacity enhancement, debt repayment, and general corporate purposes.

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