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Regreen-Excel files IPO papers with Sebi; aims to raise Rs 350 crore
Regreen-Excel EPC India Ltd has filed papers with Sebi for an IPO to raise funds. The share-sale includes a fresh issue of Rs 350 crore and an offer-for-sale by promoters. The proceeds will be used for debt repayment, bank guarantees, and corporate purposes. The company specializes in ethanol plant projects.