Sahyadri Farms has raised Rs 310 crore last month from a group of European impact investors who picked up a 16.6 percent stake in the company.
YES Bank FPO: Here’s how to check your allotment status; offer had received 93% subscription on last day of bidding
In its prospectus, YES Bank has mentioned that the funds raised via FPO will be used for growth and expansion.
Even though YES Bank had sell orders in the Rs 14.60 to Rs 14.80 range on the Bombay Stock Exchange, it had no buyers.
Agriculture Minister Narendra Singh Tomar says 117 more mandis join eNAM platform; total number reaches 962 across India
Integration of APMC mandis with eNAM will strengthen and facilitate farmers to sell their harvested produce through the online portal, he said.
Telecom gear maker ITI to raise Rs 1,600 cr via FPO for part-debt repayment, working capital needs; issue to open on 24 January
ITI's total outstanding debt as on 31 December 2019, stood at Rs 978.38 crore.
Central Bank of India to raise Rs 8,000 cr to strengthen core capital to comply with Basel III norms
Central Bank said it will use the enhanced capital for the general business purposes of the bank
The Sebi board also decided to allow a larger number of companies to raise funds through a 'fast-track' process.
The company has earmarked a capital expenditure of up to Rs 1 lakh crore for five years, ending 2016-17.
The share sale would happen via the "fast track" follow-on offering route, said the sources. Under the fast-track process, select large companies are exempted from complying with the market regulator's disclosure and filing requirements.
To boost fund raising from markets, Sebi today proposed e-IPO norms where investors can bid for shares through Internet and eventually on mobiles, while already listed PSUs will be provided a 'fast-track' route for share sales to meet the disinvestment targets.
The company had filed its application with the Securities and Exchange Board of India (Sebi) for the proposed rights issue in July.<br />
The state-owned transmission utility had posted a net profit of Rs. 1,040.34 crore for the corresponding period a year ago.<br />
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.<br /><br />
TRC issue remains a niggling factor since it comes a year after former finance minister Pranab Mukherjee proposed to introduce general anti avoidance rule (GAAR).
Indian companies raised Rs 772 crore through sale of shares to public investors in the first six months of current financial year
India Inc mopped up a meagre Rs 63 crore through public and rights issue of shares in June 2012, making it the lowest figure in five months.
All the high-profile meetings between public-sector undertakings and the government have finally ended with an agreement that state-run entities will shell out Rs 7,000 crore in dividends.
There was a lull in the primary stock market and it was mostly ECBs or foreign debt that was leveraged to meet funding requirements of businesses this year.