[ad_1] Mankind Pharma Ltd has announced plans to raise nearly ₹3,000 crore by launching a qualified institutions placement (QIP) of equity shares. The pharmaceutical company’s Fund Raising Committee of Directors, in a meeting held on December 20, 2024, approved the allotment of 1.19 crore equity shares of the company at a face value of ₹1 […]
CNBC-TV18 Morning Call: Softbank’s $100 bn US investment, Nvidia shares decline, LG Electronics India IPO – CNBC TV18
[ad_1] 1 / 15 The Nasdaq, on Monday (December 16), closed at a record high of 20,173.74, rising 1.1%, as tech stocks rallied ahead of the Fed’s final policy meeting of the year, while the Dow fell 0.3% and the S&P 500 gained 0.4%. 2 / 15 Tesla Inc shares jumped on Monday (December 16) […]
Mankind Pharma set to launch QIP to raise ₹3,000 crore: sources – CNBC TV18
[ad_1] Mankind Pharma is set to launch a Qualified Institutional Placement (QIP) to raise up to ₹3,000 crore, according to sources. The indicative issue price for the QIP is expected to be approximately ₹2,520 per share, which could lead to an equity dilution of 2.9% on a post-issue basis, sources added. Company Value Change %Change […]