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 October 17, 2018, to consider … Read more
Avenue Supermarts has received an approval to raise funds by issuance of Commercial Paper up to Rs 300 crore from time to time in addition to the existing limit of Rs 200 crore. The Board of Directors of the company at its meeting held on October 13, 2018, approved the same. Avenue Supermarts is a … Read more
Bharat Gears has lined up the source of funds through Rights Issue of Equity Shares up to Rs 15 crore, Term Loan of Rs 35 crore from KKR India Financial Services for which sanction letter has been obtained and remaining Rs 10 crore from the internal accruals, in order to meet out the capital expenditure … Read more
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 listed subsequently at the option … Read more
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 the manufacturing and selling of … Read more
Udaipur : In a first in the country, HDFC Bank today launched its Digital Loan against Mutual Funds (LAMF), in partnership with transfer agent CAMS. Customers can now pledge mutual fund assets online and get overdraft limit set in their account in under 3 minutes. Customers can now avail of this product through the HDFC Bank … Read more
Jammu: Cricket icon Sachin Tendulkar has sanctioned nearly Rs 40 lakhs from the MP Local Area Development (MPLAD) funds for construction of a school building in Bandipora district of north Kashmir. According to PTI, Sachin Tendulkar wrote a letter to the District Magistrate and the District Collector (Office of Mumbai Suburban District, District Planning Committee, … Read more
