The committee also approved the conversion price of Rs 2,690 per equity share against the floor price of Rs 2,688.35, the company said in a BSE filing.
The government on Friday fixed the purchase price of Sovereign Gold Bond (SGB) at Rs 2,987 per gram the subscription for which will open on October 16.
"The IWAI has raised Rs 660 crore as 'GOI Fully Serviced Bonds'. The resources raised by way of bonds are in addition to the budgetary support from the Government of India. The Government had taken a decision to enable IWAI to raise Rs 660 crore through GOI Fully Serviced Bonds in 2017-18," Ministry of Shipping said in a statement.
The MoU was signed at New Zealand High Commission here last night in presence of New Zealand's High Commissioner to India Joanna Kempkers and NITI Aayog CEO Amitabh Kant.
With low foreign ownership of securities and strong fundamentals Indian debt is preferred in the region.
The decision, announced at the same time the RBI kept the repo rate unchanged at 6.00 percent, is meant to spur banks into lending more, but it would mean increased supply at a time of ample liquidity.
PowerGrid informed BSE that in the AGM of September 19, a special resolution was passed to raise raise funds up to Rs 20,000 crore from domestic market through issuance of secured/ unsecured, non-convertible, noncumulative/ cumulative, redeemable, taxable/ tax-free Debentures/ Bonds under private placement in 2018-19 fiscal.
Some moderation in the GDP growth in Q1 FY18 was expected. But the growth rate of 5.7% was a bit of a surprise.
The special resolution to authorise board to raise Rs 2,000 crore via the secured/unsecured, redeemable, taxable/tax-free, cumulative/non-cumulative, non-convertible debentures/bonds, in one or more series/tranches, aggregating through private placement, in domestic market was passed by the requisite majority, NHPC stated in a BSE filing.
The government has said it will borrow 3.72 trillion rupees ($56.92 billion) via bonds during April-September, comprising 64 percent of its full-year borrowing.
A change in credit rating of a bond changes the yield the bond offers.
Masala bonds or rupee-denominated bonds issued overseas would now be part of only external commercial borrowings and not be part of the overall limit of corporate bonds to allow about Rs 44,000 crore more funds under corporate debt.
The special resolution, listed on the agenda of the annual general meeting held, was passed by the requisite majority, NTPC said in a BSE filing.
The auction will be conducted on NSE's e-bid platform from 1530 hours to 1730 hours after the close of market hours, the exchange said in a circular.
JSW Energy's finance panel on Wednesday gave its go-ahead to Rs 500-crore bond issuance programme.
A proposal to amend REITs (Real Estate Investment Trusts) and InvITs (Infrastructure Investment Trusts) would be placed before Sebi's board tomorrow in order to facilitate growth of such trusts, an official said.
The NCDs are proposed to be listed on the wholesale debt market segment of NSE
Possibility of earning quick money trading in stocks and the thrill of investing in a rising NAV mutual funds further make these investments attractive.
Government bonds (G-Secs) slipped on selling pressure from banks and corporates and the Interbank call rates also finished lower due to lack of demand from borrowing banks.
During the first five months of 2017-18, the National Stock Exchange (NSE) represented the largest share of trading in corporate bonds at 76.5 per cent
The company will issue secured redeemable non-convertible bonds in the nature of promissory notes with the face value of Rs 10 lakh each, it said in a regulatory filing.
The dollar was marked down as deep as 109.22 yen at the opening, off a whole yen from late on Friday, but there was no follow-through selling and it was last at 109.84.
OIL intends to raise the amount through issue of redeemable non-convertible debentures/bonds on private placement basis from domestic as well as international markets in one or more tranches, the filing said.
India currently caps total foreign investments into corporate bonds at 2.44 trillion Indian rupees ($38.1 billion). When overseas buying crossed 92 percent of that quota in July, the government suspended the issuance of offshore rupee-denominated bonds until foreign holding falls back below that level.
The special resolution proposes to authorise board to raise Rs 2,000 crore via the secured/unsecured, redeemable, taxable/tax-free, cumulative/non-cumulative, non-convertible debentures/bonds, in one or more series/tranches, aggregating through private placement, in domestic market, NHPC said in a BSE filing today.