Manappuram Finance gets nod for equity infusion of up to Rs 100 crore in WOS

Manappuram Finance has received an approval for equity infusion of up to Rs 100 crore in its wholly owned subsidiary (WOS) — Manappuram Home Finance (MAHOFIN). The Board of Directors of the company at their meeting held on November 06, 2018, approved the same. Manappuram Finance is a non-deposit taking NBFC and having a strong … Read more

Manappuram Finance gets nod for equity infusion of up to Rs 150 crore in its subsidiary

Manappuram Finance has received an approval for equity infusion of up to Rs 150 crore in its subsidiary Asirvad Micro Finance. The Board of Directors of the company at their meeting held on November 06, 2018, approved the same. Manappuram Finance is a non-deposit taking NBFC and having a strong presence in South India in … Read more

INOX Leisure to raise funds via issue of 64 lakh equity shares to Gujarat Fluorochemicals

INOX Leisure has received an approval for raising funds through the issuance of maximum of 64,00,000 equity shares of face value Rs 10 each to its promoter, Gujarat Fluorochemicals (Proposed Allottee) on a preferential issue basis at a price not less than the floor price i.e. Rs 241.71 determined in accordance with requirements of Regulation … Read more

TCI Finance to divest entire equity investment in Itag Business Solutions

TCI Finance has received an approval for the sale of investment of subsidiary company. Divestment of 100% equity investment held by the company in Itag Business Solutions (a wholly owned subsidiary). Further after completion of formalities Itag Business Solutions shall cease to be a subsidiary of the company. The Board of Directors of the company … Read more

Trading Holidays for 2018 – Equity Segment, Equity Derivative Segment and SLB Segment

  SI.NO. Holidays Date Day 1 Republic Day January 26, 2018 Friday 2 Mahashivratri February 13, 2018 Tuesday 3 Holi March 02, 2018 Friday 4 Mahavir Jayanti March 29,2018 Thursday 5 Good Friday March 30,2018 Friday 6 Maharashtra Day May 01,2018 Tuesday 7 Independence Day August 15,2018 Wednesday 8 Bakri Id August 22,2018 Wednesday 9 … Read more

SBI gets nod to raise equity capital up to Rs 20,000 crore during FY19

State Bank of India (SBI) has received an approval to raise equity capital up to an amount of Rs 20,000 crore during FY19 from the market by way of FPO/QIP/Preferential allotment/Rights Issue/any other mode or a combination of these, to be decided at the opportune time subject to the approval of shareholders, Reserve Bank of … Read more

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