Tonbo Imaging Wins SEBI Approval for IPO as Defence Tech Listing Pipeline Deepens
Tonbo Imaging has received approval from the Securities and Exchange Board of India for its initial public offering, clearing a key regulatory hurdle for the defence electronics maker. The issue will comprise an offer for sale of up to 18.09 million shares, signalling a significant liquidity event for existing shareholders rather than a fresh capital raise for the company.
