COMPULSORY CONVERTIBLE DEBENTURE
L&T raises Rs 1,000 cr via NCDs
The debentures are proposed to be listed on the NSE.
Ind-Ra cuts rating on Voda Idea debentures
“India Ratings and Research (Ind-Ra), has downgraded its rating on Non-Convertible Debentures of R...
JSW Steel plans to raise Rs 1,000 crore through NCDs
The proceeds will be used to meet long-term working capital requirements, refinancing of...
Emami promoters to raise Rs 1500 crore to cut pledge
The entire NCD transaction will be completed in phases over the next two month, the executives said.
Piramal Enterprises’ Rs 3,631 crore rights issue oversubscribed
The issue had reserved Rs 1,99.67 crore in favour of compulsorily convertible debenture (CCD) holders.
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.
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).
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 resolution at the 53rd annual general meeting of the company held on August 24, 2018 and the board of directors' resolution passed at their meeting held on May 7, 2019," the filing said.
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.
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.
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.
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.
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.
Copyright © 2020 Bennett, Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service