Tag: rights issue

Thangamayil Jewellery approves rights issue at price of ₹1,400 per share – CNBC TV18

[ad_1] Thangamayil Jewellery Limited announced today that its Rights Issue Committee has approved the allotment of 36.4 lakh fully paid-up equity shares as part of its rights issue. The allotment follows the finalisation of the Basis of Allotment, in consultation with the Lead Manager, Registrar to the Issue, and BSE Limited, the Designated Stock Exchange. […]

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 […]

SEBI releases consultation paper on faster rights issue with flexibility to select investors – CNBC TV18

[ad_1] In order to make Rights Issues a preferred mode of fundraising compared to other modes, markets regulator SEBI has issued a consultation paper on fast-tracking the Rights Issue process. The consultation paper also discusses the flexibility for the allotment of shares through the process to select investors. Currently, the allotment of shares through a […]

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