convertible

  1. ATC converts Rs 160 crore Voda Idea debt bonds into equity

    ATC converts Rs 160 crore Voda Idea debt bonds into equity

    New Delhi: Mobile tower company ATC Telecom Infrastructure has converted Rs 160 crore of optionally convertible debentures issued by Vodafone Idea into equity in lieu of payment, it said in a regulatory filing on Thursday.Debt-laden telecom operator Vodafone Idea (VIL) had issued Optional...
  2. Inox Green Energy Services gets board approval to raise Rs 1,050 crore

    Inox Green Energy Services gets board approval to raise Rs 1,050 crore

    New Delhi: Inox Green Energy Services on Wednesday said its board of directors has approved a proposal to raise up to Rs 1,050 crore by issuing equity and convertible warrants.The board of directors, in its meeting held today, approved raising funds up to Rs 1,050 crore through a preferential...
  3. Bharti Airtel converts US$49.87 million foreign debt bonds into equity

    Bharti Airtel converts US$49.87 million foreign debt bonds into equity

    New Delhi, Telecom operator Bharti Airtel has converted foreign debt bonds worth US$49.87 million issued in January 2020 into equity, the company said on Tuesday.Airtel had raised US$1,000 million in January 2020 through foreign currency convertible bonds, which were convertible into...
  4. MakeMyTrip reports 23 percent growth in gross bookings, Q4 profit at $172 million

    MakeMyTrip reports 23 percent growth in gross bookings, Q4 profit at $172 million

    The company posted profit of $171.9 million for the quarter, which included a one-time credit of $126.1 million on the recognition of deferred tax assets and a one-time gain of $30.6 million due to the change in the value of convertible notes due 2028. Amortized Cost”.Rajesh Magove, Group...
  5. MakeMyTrip profits of US$171.9 million in fourth quarter

    MakeMyTrip profits of US$171.9 million in fourth quarter

    New Delhi, Nasdaq-listed MakeMyTrip Ltd on Wednesday reported a multi-fold rise in March 2024 quarter profit to US$ 171.9 million, helped by gains on Ta credit and convertible note pricing.MakeMyTrip said in a statement that the company had made a profit of US$5.4 million in the same quarter...
  6. Bharti Airtel issues shares worth Rs 246 crore to FCCB holders

    Bharti Airtel issues shares worth Rs 246 crore to FCCB holders

    New Delhi, Bharti Airtel has allotted equity shares worth about Rs 246 crore to holders of its foreign debt bonds, which are scheduled to mature in February 2025, according to a regulatory filing.The company had in January 2020 issued US$1,000 million 1.50 per cent convertible bonds due 2025...
  7. CCI approves acquisition of debentures of International Finance Corp in Napino

    CCI approves acquisition of debentures of International Finance Corp in Napino

    New Delhi, Fair trade regulator CCI on Tuesday said it has approved the proposed subscription of compulsorily convertible debentures of Nepino Auto & Electronic Ltd by International Finance Corporation.The International Finance Corporation (IFC) is a member of the World Bank Group. I help...
  8. PC Jeweler gets board approval to raise funds worth Rs 2,000 crore through rights issue, convertible warrants

    PC Jeweler gets board approval to raise funds worth Rs 2,000 crore through rights issue, convertible warrants

    New Delhi: PC Jeweler on Tuesday said its board has approved a proposal to raise Rs 2,000 crore through a rights issue and preferential allotment of fully convertible warrants.The board also approved a proposal to increase the authorized share capital and changes in the capital clause of the...
  9. ShareChat raises US$49 million via convertible debt from Lightspeed, Temasek and other investors

    ShareChat raises US$49 million via convertible debt from Lightspeed, Temasek and other investors

    New Delhi: Homegrown social media company ShareChat on Monday announced it has raised US$49 million (about Rs 407 crore) through convertible debentures from existing investors Lightspeed, Temasek and Alcan Capital, among others.According to a release, the capital raise will help the company...
  10. ShareChat raises US$49 million from existing investors via convertible debentures

    ShareChat raises US$49 million from existing investors via convertible debentures

    New Delhi: Homegrown social media company ShareChat on Monday announced it has raised US$49 million (about Rs 407 crore) through convertible debentures from existing investors Lightspeed, Temasek and Alcan Capital, among others.According to a release, the capital raise will help the company...
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