Resurgere Mines & Minerals IPO
Resurgere Mines & Minerals IPO
Resurgere Mines & Minerals India Ltd. announced that Merrill Lynch International has acquired a 12.74 per cent stake in the firm for an undisclosed amount. The Mumbai based company has filed draft Red Herring prospectus with Securities Exchange Board of Indian for an IPO. The issue will be managed by Motilal Oswal Investment Advisors Pvt. Ltd.
Resurgere is engaged in the business of extraction, processing and sale of mineral products and exploration and development of mining assets.
