[ad_1] With an aim to streamline the processes for public issues, markets regulator SEBI on Thursday proposed giving clarifications on minimum holding period for equity shares in Offer for Sale (OFS) as well as on employee stock options (ESOPs) for founders classified as promoters. In its consultation paper, the regulator proposed amendments to the ICDR […]
Hitachi Energy to raise funds worth ₹4,200 cr via equity shares, QIP, and other means – CNBC TV18
[ad_1] Bengaluru-based Hitachi Energy India Limited announced plans to raise funds of an aggregate amount not exceeding ₹4,200 crore. The company’s Board of Directors approved the proposal during a meeting held on January 18, 2025. Company Value Change %Change The funds may be raised through equity shares or other securities, including convertible debentures, warrants, or […]
Mindteck announces 1:4 bonus shares: Record date confirmed after BSE and NSE nod – CNBC TV18
[ad_1] Mindteck will reward its shareholders one extra share for every four shares they already own, the technology firm announced in an exchange filing. Both BSE Ltd and the National Stock Exchange of India Ltd have approved the bonus share issue. The record date for the bonus issue is September 20, 2024. “the Company has […]
Punjab National Bank announces QIP at ₹109.16 apiece floor price: Check details – CNBC TV18
[ad_1] Punjab National Bank (PNB) has announced a qualified institutions placement (QIP) of its equity shares, aimed at raising capital as part of its growth strategy. The floor price for the equity shares has been set at ₹109.16, the country’s second-largest PSU bank said in a statement on Monday. PNB said it may offer a […]
Reliance Infra approves ₹3,000 crore capital raising via preferential issue – CNBC TV18
[ad_1] Reliance Infrastructure said on Thursday its Board of Directors has approved a preferential issue of equity shares totaling up to ₹3,014.4 crore, comprising up to 12.56 crore shares or convertible warrants at an issue price of ₹240 per share. The preferential issue will be made to Risee Infinity Private Limited, a promoter group company, […]
Reliance Infrastructure to consider fundraising plans on September 19: Check details – CNBC TV18
[ad_1] Reliance Infrastructure Limited has announced that its board will meet on September 19, 2024, to review a potential preferential share issuance aimed at raising new capital. The company disclosed this plan in a regulatory filing on Monday, but did not specify the amount to be raised. The meeting will focus on various methods to […]
Tuesday marks record date for Nucleus Software’s ₹72.4 crore share buyback – CNBC TV18
[ad_1] Nucleus Software Ltd will proceed with a share buyback worth up to ₹72.4 crore, with the record date set for Tuesday, September 3, 2024. The company will repurchase 448,000 equity shares, each with a face value of ₹10, representing 1.67% of its total equity. The buyback will be executed through a “tender offer” at […]
Aditya Birla Capital invests ₹300 crore in housing finance unit via rights issue – CNBC TV18
[ad_1] Aditya Birla Capital Ltd (ABCL) has announced an investment of ₹300 crore in its wholly-owned subsidiary, Aditya Birla Housing Finance Ltd (ABHFL), through a rights issue of equity shares. The investment aims to support ABHFL’s growth and enhance its leverage ratio. As ABHFL is a wholly-owned subsidiary, the transaction, while classified as a related […]