Satin Creditcare Network planning to raise funds via NCDs

Satin Creditcare Network is planning to issue Non-Convertible Debenture (NCD) for up to Indian Rupee (INR) equivalent of 30 million US Dollars through private placement. The Board Meeting of the company is scheduled to be held on November 14, 2018, to consider the same. Satin Creditcare Network is one of the largest Microfinance Institutions (MFI) … Read more

Indiabulls Real Estate planning to raise Rs 1,000 crore via NCDs

Indiabulls Real Estate is proposing to issue Secured, Redeemable, Non-Convertible Debentures (NCDs) of face value Rs 10 lakh each aggregating up to Rs 1,000 crore, on a private placement basis. The tenor will be up to 36 months. Indiabulls Real Estate is India’s third largest real estate company, with its focus on construction and development … Read more

SBI gets nod to raise equity capital up to Rs 20,000 crore during FY19

State Bank of India (SBI) has received an approval to raise equity capital up to an amount of Rs 20,000 crore during FY19 from the market by way of FPO/QIP/Preferential allotment/Rights Issue/any other mode or a combination of these, to be decided at the opportune time subject to the approval of shareholders, Reserve Bank of … Read more

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

Shriram Transport Finance planning to raise funds via NCDs

Shriram Transport Finance Company is planning to raise funds in ordinary course of business by way of issue of redeemable Non-Convertible Debentures (NCDs) on private placement basis. The meeting of Board of Directors of the company will be held on October 25, 2018, to consider the same. Shriram Transport Finance Company is a flagship company … Read more

SBI planning to raise funds up to Rs 5,000 crore via bonds during FY19

State Bank of India (SBI) is planning for raising up to Rs 5,000 crore through issue of Basel III compliant Tier 2 bonds in USD/INR to overseas and/or Indian investors during FY19, through a public offer / private placement. The meeting of the Central Board of the Bank is scheduled to be held on October … Read more

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