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Tag Archives: private

Govt planning to sell ONGC’s 149 fields to private companies

The government is planning to sell as many as 149 small and marginal oil and gas fields of Oil and Natural Gas Corporation (ONGC) to private and foreign companies. The government is also planning to allow the state-owned firm to focus only on big fields. ONGC is India’s largest government-run ... Read More »

Wockhardt gets nod to raise Rs 1,800 crore on private placement

Wockhardt has received approval for raising of funds through issuance of Non-Convertible Debentures (NCDs)/ Bonds (secured/ unsecured) on private placement basis up to an aggregate amount not exceeding Rs 1,800 crore. The Board of Directors of the company at its meeting held on November 10, 2018 has approved the same. ... Read More »

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 ... Read More »

Sanghi Industries to raise funds on private placement basis

The Business Operations and Finance Committee of the Board of Directors of the company at their meeting held on March 07, 2018, approved the same Sanghi Industries has received an approval to issue Rated, listed, Secured, Redeemable, Non Convertible Debentures (NCDs) of Rs 256 crore on private placement basis. The ... Read More »

Andhra Bank raises Rs 500 crore on private placement basis

Andhra Bank has raised Rs 500 crore by issuing Basel III-compliant bonds on a private placement basis. The bank has issued 9.2% unsecured fully paid-up non-convertible Basel III compliant additional tier I capital perpetual debt bonds in the nature of debentures for an amount of Rs 500 crore on private ... Read More »

Bajaj Finance raises Rs 485 crore through private placement

Bajaj Finance has raised funds aggregating to Rs 485 crore through private placement. The Debenture Allotment Committee of the company at its meeting held on October 31, 2017, has allotted 4850 Secured redeemable non-convertibles debentures of face value of Rs 10 lakh each aggregating to Rs 485 crore. Bajaj Finance, ... Read More »