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. Wockhardt is one of the … Read more

Worldwide Leather Exports planning to raise fund up to Rs 1 crore

Worldwide Leather Exports is planning to raise fund by way of an issue of Equity Shares of the company on preferential basis to public shareholders aggregating up to Rs 1 crore. The meeting of the Board of Directors of the company is scheduled to be held November 13, 2018, to consider the same. Worldwide Leather … Read more

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 November 03, 2018, approved the … Read more

INOX Leisure to raise funds via issue of 64 lakh equity shares to Gujarat Fluorochemicals

INOX Leisure has received an approval for raising funds through the issuance of maximum of 64,00,000 equity shares of face value Rs 10 each to its promoter, Gujarat Fluorochemicals (Proposed Allottee) on a preferential issue basis at a price not less than the floor price i.e. Rs 241.71 determined in accordance with requirements of Regulation … Read more

IIFL Holdings’ arm gets nod to raise funds up to Rs 5000 crore

IIFL Holdings’ material NBFC subsidiary — India Infoline Finance has received an approval for raising of funds by way of issue of Non-Convertible Debentures (NCDs) to public up to Rs 5000 crore in one or more tranches. The Board of Directors of India Infoline Finance at their meeting held on October 31, 2018, approved the … 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 through any other permissible mode … Read more

United Bank of India gets nod to raise funds up to Rs 3000 crore

United Bank of India’s board has approved raising of equity capital, in one or more tranches, for an amount not exceeding Rs 3000 crore by way of preferential allotment of equity shares. United Bank of India is one of the 14 major banks, which were nationalized on July 19, 1969. After nationalization, the Bank expanded … Read more

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