Satin Creditcare Network planning to raise funds up to Rs 40 crore via NCDs

Satin Creditcare Network is planning to issue Non-Convertible Debentures (NCDs) up to the amount of Rs 40 crore through Private Placement. The meeting of Working Committee of the Board of Director of the company is scheduled to be held on October 18, 2018, to consider the same. Satin Creditcare Network is one of the largest … Read more

Hathway Cable and Datacom planning to raise funds

Hathway Cable and Datacom is planning to raise funds by issuance of equity shares through one or more methods including further public issue/ ADR/GDR/qualified institutional placement / preferential issue. The Board of Directors of the company at its meeting to be held on October 17, 2018 will consider and approve the same. Hathway Cable and … Read more

Avenue Supermarts gets nod to raise funds by issuance of commercial paper

Avenue Supermarts has received an approval to raise funds by issuance of Commercial Paper up to Rs 300 crore from time to time in addition to the existing limit of Rs 200 crore. The Board of Directors of the company at its meeting held on October 13, 2018, approved the same. Avenue Supermarts is a … Read more

Shriram Transport Finance to raise Rs 1350 crore through NCDs

Shriram Transport Finance Company has proposed to raise up to Rs 1350 crore through secured redeemable non-convertible debentures (NCDs) of the face value of Rs 1,000 each. The NCDs have a fixed rate of interest, with seven different series. The NCDs have tenures of three, five and 10 years, with monthly, annual and cumulative payment … Read more

Bharat Gears planning to raise funds via various sources for capex

Bharat Gears has lined up the source of funds through Rights Issue of Equity Shares up to Rs 15 crore, Term Loan of Rs 35 crore from KKR India Financial Services for which sanction letter has been obtained and remaining Rs 10 crore from the internal accruals, in order to meet out the capital expenditure … Read more

L&T Finance Holdings gets nod to raise funds worth Rs 250 crore

L&T Finance Holdings has received an approval for the issuance of 2,50,00,000 Cumulative Compulsorily Redeemable Non-Convertible Preference Shares (CRPS) of face value of Rs 100 each at par aggregating to a nominal amount of Rs 250 crore on a private placement basis. The CRPS will be unlisted but may be listed subsequently at the option … Read more

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