Mumbai (Maharashtra) [India], The Board of Directors of UltraTech Cement Limited, at its meeting held on Thursday, approved financial investment to acquire 7.06 crore equity shares in The India Cements Limited (ICL).The move aims to secure approximately 23 per cent of the equity share capital...
New Delhi, Private news broadcaster Zee Media on Wednesday said it plans to raise up to Rs 200 crore through the issue of equity shares or other eligible securities through various means.According to a regulatory filing by Zee Media, the company's board at its meeting held on Wednesday gave...
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...
New Delhi: Ravi Sanghi, promoter of Adani group company Ambuja Cements and Sanghi Industries, will sell 3.52 per cent stake in the Saurashtra-based cement maker.The offer-for-sale (OFS) will open for non-retail investors on Wednesday and for retail investors on Thursday, Sanghi Industries said...
New Delhi: Vraj Iron and Steel on Tuesday said it has raised a little over Rs 51 crore from anchor investors, a day before the launch of its initial share sale for public subscription.Those who have been allotted shares are – Volrado Venture Partners Fund IV, Capri Global Housing Finance...
Mumbai, equity benchmarks Sensex and Nifty closed higher on Monday as buying in energy, auto and industrial stocks helped the indices recover from early lows amid a bearish trend in equity markets. global values.However, volatility in the markets ahead of the week's monthly expiry and selling...
This QIP is the first equity raise by the company since its initial public offering (IPO) in 2017.“I welcome all investors and deeply appreciate their trust and confidence, reaffirming our commitment to deliver strong financial performance while maintaining our trajectory of sustainable...
PNNAhmedabad (Gujarat) [India], June 24: Rights issue worth Rs 44.87 crore by Spright Agro Ltd (BSE - 531205), based in Ahmedabad, engaged in the business of agriculture. Contact Farming, Greenhouse Technology among others will open for subscription on June 24, 2024. Funds raised through the...
Ahmedabad (Gujarat) [India], June 24: Rs. The Rs 44.87 crore rights issue of Ahmedabad-based Spright Agro Ltd (BSE – 531205), engaged in the business of agriculture, contact farming and greenhouse technology among others, will open for subscription on 24 June 2024. The funds raised through the...
Mumbai: Benchmark equity indices fell in early trade on Monday amid weak trends in global markets and fresh foreign fund withdrawals.Profit-booking after the record-breaking rally also put pressure on the benchmark indices.The 30-share BSE Sensex fell 463.96 points to 76,745.94. Nifty fell...
There are three primary reasons for this positive flow.Sunil Damania, chief investment officer at MojoPMS, said, "First, government continuity assures ongoing reforms. Second, the Chinese economy is decelerating, as evidenced by the 12 percent fall in copper prices last month. Is."Third...
New Delhi: Private equity firm Lighthouse Advisors India on Friday sold a 2.4 per cent stake in Poly Medicure for Rs 444 crore through an open market transaction.Mumbai-based Lighthouse Advisors India, through its subsidiary, Lighthouse India III Equity Investors Ltd, sold shares of medical...
New Delhi: The country's largest lender State Bank of India (SBI) on Friday paid a dividend of Rs 6,959 crore to the government for the financial year 2023-24.The dividend check was presented to Finance Minister Nirmala Sitharaman by SBI Chairman Dinesh Kumar Khara in the presence of Financial...
New Delhi: Pension Fund Regulatory and Development Authority Chairman Deepak Mohanty on Friday said the regulator will introduce new life cycle fund options for NPS (non-government) subscribers by September.Mohanty said the retirement age will be increased from the current 35 years to 45 years...
PNNMumbai (Maharashtra) [India], June 21: Akiko Global Services Limited, specializing in the distribution of financial products such as credit cards, loans and CASA, has announced plans to go public with an Initial Public Offering (IPO) on the 25th. of June. 2024. The company aims to raise Rs...
PNNMumbai (Maharashtra) [India], June 21: Shivalic Power Control Limited, a specialized electrical panel manufacturer, has announced its plan to go public with an Initial Public Offering (IPO) on June 21, 2024. The company aims to raise Rs 64.32 crore in the upper band through this IPO, and...
PNNMumbai (Maharashtra) [India], June 20: Board of Directors of DJ Mediaprint & Logistics Ltd, leading provider of integrated printing, logistics and courier solutions in India and abroad has approved a 2:1 bonus issue. The board of directors of the company also approved the issuance of...
The move marks the first IPO by an electric vehicle (EV) startup in the country.According to the draft red herring prospectus, Ola Electric's public issue comprises a fresh issue of Rs 5,500 crore and an offer for sale (OFS) of 9.51 crore equity shares.As part of the OFS, Agarwal will sell...
MUMBAI: Benchmark equity indices rose in early trade on Thursday but faced highly volatile trends and any immediate change in the market was likely to lead to stagnant trading soon.In early trade, the 30-share BSE Sensex rose 250.72 points to 77,588.31. NSE Nifty rose 71.7 points to 23,587.70...
Mumbai, Rupee dropped 4 money by 83.48 against the US dollar on Thursday, as the American currency and a trend in crude oil prices abroad.The foreign unit opposed the decline between the unnecessary flow of foreign capital, but gave pressure in the domestic equity markets under pressure due to...