OYO IPO: Parent company PRISM receives shareholders’ approval to raise Rs 6,650 crore
PRISM, the parent company of OYO, has received approval from shareholders to raise up to Rs 6,650 crore through an IPO. This will provide the company with the flexibility to access public markets at the right time, subject to regulatory approvals and market conditions. Moody’s expects PRISM’s EBITDA to more than double in FY26, supported by the expansion