Den Networks gets nod to raise up to Rs 2045 crore on preferential basis

Den Networks has received an approval for raising of funds up to Rs Rs 2045 crore by way of creating, offering, issuing and allotting, in one or more tranches (Proposed Preferential Allotment) 28,14,48,000 equity shares of face value Rs 10 each of the company at an issue price of Rs 72.66 per equity share on … Read more

Allahabad Bank raises Rs 1,790 crore from GoI via preferential issue

Allahabad Bank has raised around Rs 1,790 crore from the Government of India (GoI). The Share Issue and Allotment Committee of the Board has approved for allotment of 38,92,15,046 new equity shares of face value of Rs 10.00 of the Bank on preferential basis to the Government of India (President of India) at an Issue … Read more

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