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State Bank of India to raise up to $1.5 bn via share sale

Dec 02, 2013

State Bank of India to raise up to $1.5 bn via share sale

State Bank of India, the country's largest lender, will raise up to Rs 9576 crore ($1.53 billion) through a share sale to institutional investors or a follow-on public offer, it said in a statement late on Friday. #NewsTracker #SBI #share sale #follow-on public offer
Power Grid falls 15% Secondary issue may be offered at a discount

Aug 02, 2013

Power Grid falls 15% Secondary issue may be offered at a discount

Shares of Power Grid Corporation of India fell around 15 percent after the company said it would issue 694.5 million new shares in a secondary offering to raise funds. #FPO #StockWatch #Power Grid #follow-on public offer #Secondary issue
Sebi ready to bring out measures for minimum public holding norms

Sep 18, 2012

Sebi ready to bring out measures for minimum public holding norms

Sebi chairman U K Sinha said the market regulator is willing to come up with fresh measures to ensure that listed companies comply with minimum public shareholding norms. #NewsTracker #SEBI #SMEs #shareholding norms #follow-on public offer