Confidence Infrastructure seeks Tk300cr IPO for EV battery production

Confidence Infrastructure has proposed a Tk300 crore IPO to finance its electric vehicle battery manufacturing project.

Confidence Infrastructure seeks Tk300cr IPO for EV battery production

Confidence Infrastructure Limited is planning to raise Tk300 crore through an Initial Public Offering (IPO) to fund its expansion into the electric vehicle (EV) battery production sector.

The company aims to cater to various segments, including electric motorcycles, three-wheelers, passenger cars, buses, and energy storage systems.

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