COMPULSORY CONVERTIBLE DEBENTURE
ICRA puts Adani Ports' long-term debentures rating under watch
The rating has been put after the company announced the acquisition of controlling stake in KPCL.
Emami Realty to raise up to Rs 400 crore via debentures
The company has signed term sheet for issue of NCDs, it added.
Vedanta to raise up to Rs 2,000 crore through NCDs
"The above issuance is pursuant to the approval of the shareholders passed vide special re...
Govt, regulators yet to find a single regime for FPIs, NRIs
The challenge is to put in place a neat, unified regime without causing chaos.
CCI approves subscription of Piramal Enterprises' compulsory convertible debentures by CDPQ
Piramal Enterprises in a regulatory filing in October said its board has approved raising of Rs 5,400 crore through a rights issue and preferential allotment of compulsory convertible debentures (CCDs).
What are convertible debentures
Investors benefit from interest payment and have the option to convert the loan into equity to participate in the growth of the company.
Piramal Ent. board approves raising Rs 2,750 cr via bonds
Board of Directors Administrative Committee approved the issue of secured, rated, unlisted, redeemable NCDs.
Paytm says absolutely not interested in YES Bank stake
Paytm on Wednesday said it was absolutely not interested in buying a stake in YES Bank. It instead is seeking small finance bank permit from the regulator, ET NOW reported quoting agencies. The private sector lender said it will hold a board meeting on Friday to consider and approve raising of funds.
Manappuram Finance plans to raise up to Rs 350 crore via issuance of NCDs
The shares of Manappuram Finance were trading at Rs 172.35 on BSE.
YES Bank jumps 5% as board to consider fund raising on Friday
YES Bank said it will hold a board meeting on Friday to consider and approve raising of funds by issuance of equity shares or depository receipts or convertible bonds or debentures or warrants, through permissible modes. Following the development, the scrip jumped 4.76 per cent to hit a high of Rs 47.25 on BSE.
Bharti Airtel gets shareholders nod to raise up to $3 billion
Last month, Bharti Airtel had said it would seek shareholders' approval at an EGM on January 3 for raising up to USD 2 billion through qualified institutional placement, public issue, preferential shares or private placement.
What is Preferential Share Issue?
Preferential Issue is the fastest way for a company to raise capital.
Edelweiss Fin Services up 4% after subsidiary raises fund
ECLF, the NBFC arm of Edelweiss Group, raised Rs 515 crore in tranch II.
Court rejects Sahara chief's plea seeking discharge from bonds sale case
Besides Subrata Roy, two group cos- Sahara Housing Investment Corporation and Sahara India Real Estate- and their three directors are named as accused in the case. Roy and the three directors had filed applications in the court seeking discharge from the case. The case relates to the issue of Optionally Fully Convertible Debentures (OFCD) by the companies.
Piramal Enterprises raises Rs 1,750 crore from CPDQ via CCDs
Piramal Enterprises raises Rs 1,750 cr from CPDQ through preferential allotment of CCDs.
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