AGS Health, PGP Glass, 2 others get Sebi nod to float IPOs

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Four Indian companies, AGS Health, PGP Glass, Shreni Shares, and SRIT India, have received the green light from Sebi for their upcoming IPOs. These firms confidentially submitted their draft documents, with Sebi providing its observations between June 16-19. Shreni Shares plans a mix of fresh issuance and an offer for sale, while SRIT India will issue new shares. Proceeds will fund working capital, debt repayment, and growth initiatives.