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Endurance Technologies to raise funds up to Rs 750 crore

Endurance Technologies has received an approval for issuance of fresh/new equity shares through one or more public or private offerings or combination thereof as may be permitted under applicable law(s), for an amount up to Rs 750 crore. The Board of Directors of the company at its meeting held on ... Read More »

DHFL raises funds worth Rs 1250 crore via NCDs

Dewan Housing Finance Corporation (DHFL) has raised funds worth Rs 1250 crore. The Members of the Finance Committee of the Board of Directors at their meeting held on November 2, 2018 allotted 12500 Secured, Redeemable, Non-Convertible Debentures (NCDs) of face value Rs 10 lakh each. DHFL is one of India’s ... Read More »

Aarti Industries gets nod to raise funds worth Rs 750 crore

Aarti Industries has received approval to raise funds by way of issue of equity shares or any other instruments or security including fully/partly convertible debentures or by way of a composite issue of Non-Convertible Debentures (NCDs), through qualified institutions placement, private placement/public issue of equity/ debt securities, preferential issue or ... Read More »

Satin Creditcare Network planning to raise funds via NCDs

Satin Creditcare Network is planning to issue Non-Convertible Debenture (NCD) for up to Indian Rupee (INR) equivalent of 30 million US Dollars through private placement. The Board Meeting of the company is scheduled to be held on November 14, 2018, to consider the same. Satin Creditcare Network is one of ... Read More »

Shriram Transport Finance planning to raise funds via NCDs

Shriram Transport Finance Company is planning to raise funds in ordinary course of business by way of issue of redeemable Non-Convertible Debentures (NCDs) on private placement basis. The meeting of Board of Directors of the company will be held on October 25, 2018, to consider the same. Shriram Transport Finance ... Read More »

Hathway Cable and Datacom planning to raise funds

Hathway Cable and Datacom is planning to raise funds by issuance of equity shares through one or more methods including further public issue/ ADR/GDR/qualified institutional placement / preferential issue. The Board of Directors of the company at its meeting to be held on October 17, 2018 will consider and approve ... Read More »

L&T Finance Holdings raises funds worth Rs 250 crore

L&T Finance Holdings has raised funds worth Rs 250 crore. The Committee of Directors (Committee) has approved allotment of 2,50,00,000 Cumulative Compulsorily Redeemable Non-Convertible Preference Shares (CRPS) of face value of Rs 100 each on a private placement basis to the identified investors. The Committee approved the same on October ... Read More »

Future Consumer raises funds worth Rs 50 crore via NCDs

Future Consumer has raised funds worth Rs 50 crore. The Committee of Directors of the Board of Directors of the company has on October 12, 2018, allotted 500 Senior, Secured, Non-Convertible Debentures (NCDs) having face value of Rs 10,00,000 each for cash at par to CDC Emerging Markets, an arm ... Read More »

Den Networks planning to raise funds

Den Networks is planning to raise funds inter alia by issuance of equity shares through one or more methods including further public issue / ADR / GDR / qualified institutions placement / preferential issue. The meeting of the Board of Directors of the company is scheduled to be held on ... Read More »

L&T Finance Holdings gets nod to raise funds worth Rs 250 crore

L&T Finance Holdings has received an approval for the issuance of 2,50,00,000 Cumulative Compulsorily Redeemable Non-Convertible Preference Shares (CRPS) of face value of Rs 100 each at par aggregating to a nominal amount of Rs 250 crore on a private placement basis. The CRPS will be unlisted but may be ... Read More »

Kuantum Papers gets nod to raise funds up to Rs 100 crore

Kuantum Papers has received an approval for raising of funds by way of issue of Secured Optionally Convertible Debentures through QIP up to an amount of Rs 100 crore. The Board of the company at its meeting held on October 06, 2018, approved the same. Kuantum Papers is engaged in ... Read More »

Argentina asks for early release of IMF funds to calm markets

Macri said in a televised address yesterday that Argentina has agreed with the IMF “to advance all necessary funds to guarantee compliance with next year’s financial program.” Macri said that in the past week there have been “expressions of a lack of trust in the markets” about Argentina. He said ... Read More »