Future Enterprises raises Rs 300 crore on private placement basis

Future Enterprises has raised Rs 300 crore through allotment of 1,200, 10.15% Secured, Rated, Redeemable Non-Convertible Debentures (NCDs) of Rs 10 lakh each (NCD Series XXIV-A) and 1,800, 10.15% Secured, Rated, Redeemable, Non-Convertible Debentures of Rs 10 lakh each (NCD Series XXIV-B) on private placement basis. The Committee of Directors of the company at their … Read more

Adani Enterprises’ arm incorporates wholly owned subsidiary

Adani Enterprises’ wholly owned subsidiary (WOS) — Adani Agri Logistics (AALL) — has incorporated a WOS namely, ‘Adani Agri Logistics (Darbhanga)’ (AALDL) on October 10, 2018. AALDL is yet to commence its business operations. AALDL is incorporated to develop, operate and maintain silos for storage of wheat at Darbhanga on DBFOO basis under PPP mode. … Read more

Zee Entertainment Enterprises reports 38% fall in Q2 consolidated net profit

Zee Entertainment Enterprises has reported results for second quarter ended September 30, 2018. The company has reported a rise of 4.66% in its net profit of Rs 377.00 crore for the quarter under review as compared to Rs 360.20 crore for the same quarter in the previous year. Total income of the company increased by … Read more

Religare Enterprises gets nod to raise over Rs 916 crore

Religare Enterprises has received an approval to raise over Rs 916.42 crore by issuing warrants convertible to equity. The Investment, Borrowing and Share Allotment Committee of the company at its meeting held on February 19, 2018 has approved raising of funds through issue of warrants on preferential basis. The company will issue up to 175,559,960 … Read more

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