SEBI approves IPO for Eastman Auto and Power
Eastman Auto and Power Limited (EAPL) has received approval from the Securities and Exchange Board of India (SEBI) for its proposed initial public offering (IPO). The development marks a key step for the diversified energy solutions manufacturer operating across battery storage, power electronics and solar technologies. EAPL was incorporated in 2000 under the JRS Eastman Group. Under the leadership of Managing Director (MD) Shekhar Singal, the company has expanded from conventional power products into integrated…