New Delhi, Oct 17
Amid sluggish market conditions, fund-raising by Indian companies through rights issue plunged by 68 per cent to Rs 2,166 crore in the first half of the current fiscal.
According to a rep...
Coimbatore, Oct 10
IL&FS Engineering and Construction Company Ltd’s board of directors has approved raising of up to Rs 300 crore through a rights issue. The issue would be priced at a 7.5 per cent discount to t...
London, Oct 4
Barclays has sold nearly all of the shares in its $9.4-billion (6.9-billion-euro) rights issue, the British bank said today.
The lender has received valid acceptances in respect of 3.04 b...
Mumbai, Oct. 3
MCX has reported that its holding in Dubai Gold and Commodity Exchange has reduced to 3.4 per cent from 5 per cent due to the rights issue executed by the Dubai exchange.When DGCE st...
Mumbai, Sept. 23
Expects an increase in capacity utilisation in FY14
Mumbai, Sept 12
The Rs 700-crore rights issue of Mumbai-based Godrej Properties has been fully subscribed, according to the company statement. The realty major had offered 2.15 crore shares of face valu...
Kolkata, Aug. 22
NMDC Ltd has decided not to invest in the rights issue of its Australian subsidiary, Legacy Iron Ore Ltd. Instead, it has promised to arrange loan facilities for Australian$3 million thr...
New Delhi, Aug 7
Realty firm Godrej Properties on Wednesday said it will raise up to Rs 700 crore by issuing 2.15 crore shares to existing shareholders through rights issue at Rs 325 apiece, a discount of about 30...
Chennai, Oct 12
The board of directors of Motherson Sumi Systems will consider issue of bonus shares on November 1. The board will also take on record the unaudited financial results for the quarter ended Se...
Hyderabad, Oct. 10
IL&FS Engineering and Construction Company Ltd on Wednesday said it approved the issue of equity shares of face value Rs 10 each to existing shareholders on a rights basis, for...
Hyderabad, Oct. 4
IL&FS Engineering and Construction Company Ltd has informed BSE that a meeting of the Board of Directors of the company will be held on October 9, to consider the issue of equity shares t...
Chennai, Oct. 3
Cholamandalam MS General Insurance Company Ltd has increased its capital base by Rs 75 crore through a rights issue to expand its business, according to a press release from the company. ...
New Delhi, Oct 3
Fund raising by Indian companies through the primary market route jumped more than two-fold to over Rs 1,700 crore in August as against Rs 747 crore in July.
With the latest fund mop-up b...
New Delhi, Sept 17
IL&FS Transportation Networks (ITNL) today said it plans to raise up to Rs 550 crore through a rights issue, the timing and size of which, will be decided later.The Mumbai-based firm, w...
Mumbai, Sept. 2
Chennai-based software firm, Ramco Systems, has filed a draft offer letter to raise up to Rs 125 crore through a rights issue of shares. The company proposes to repay/prepay loans wo...
Hyderabad, Aug 13
Legacy Iron Ore, the Australian arm of state-owned NMDC, has cancelled its rights issue citing ’weak market’ conditions.Legacy Iron had earlier announced that it intends to raise AUD 25 mil...
Mumbai, July 30
Market regulator SEBI has sought fresh clarification from Godrej Properties, the real estate arm of Godrej Group, regarding the company’s proposed Rs 700-crore rights issue.This is the thir...