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Tag Archives: private

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 »

NASA rockets could soon be branded by private companies

The year is 2035, Kanye West is president of the United States, and the first ever manned mission to Mars has just touched down on the red planet. NASA’s experts have prevailed over funding shortages, dangerous radiation levels, and have sourced brave volunteers to go where no man has gone ... Read More »

Online Retailers Aim To Be the Next Private-Label Juggernaut

In Andrea Bright’s home, Kleenex tissues, Charmin toilet paper and Glad trash bags have all been replaced by one brand: Prince & Spring. Never heard of it? It’s the 3-year-old house brand from, one among many new lines from online retailers vying to be the next private-label juggernaut. Think ... 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 »