Debenture

MC Explains: Why SC ruled that nominees cannot claim ownership of securities

The apex court said the vesting of securities in favour of the nominee was for the limited purpose of ensuring there is no confusion pertaining to the legal formalities to be undertaken upon the death of the holder.

Only successor can claim shares or debentures, and not nominee, rules SC

As per the judgment, even if a person is a nominee in the share/debenture certificate he is not entitled to inherit it by default. The inheritance or the succession of these instruments will be determined by the contents of the deceased's will or as per the succession laws.

Britannia Industries to issue bonus debentures and payment of dividend

Accordingly, the company "has proposed, to distribute such funds amongst its members, by means of fully paid up bonus debentures and distribution of dividend through a scheme of arrangement with its members", it added.

Retail investors lapping up NCDs as bank deposits, market fail them

According to BKR Sriram, the distribution head at Geojit Financial Services, the falling equity markets is taking conservative investors to fixed income space, hence the higher demand from retail investors.

Mcnally Bharat Engg up 7%, to acquire 60% stake in Vedica

The company is propose to acquire 60 percent of the equity share capital of Vedica for Rs 150 crore and also debentures issued by Vedica of Rs 124 crore.

GE Shipping allots NCDs worth Rs 500 cr; shares gain 2%

The company's debenture issue committee has at its meeting held January 16, allotted 7.99% 5000 unsecured non-convertible debentures of face value of Rs 10 lakhs each aggregating to Rs 500 crore in two tranches of Rs 250 crore each.

Shriram Transport allots debentures of Rs 75 crore; shares up 4%

The company's allotment committee - NCDs in its meeting held on December 29, approved and allotted 750 unsecured redeemable rated non-convertible subordinated debt in the nature of debenture of face value of Rs 10,00,000 each, aggregating to Rs 75 crore on private placement basis.

We expect a growth of 15-16% this year: SE Investments

Speaking to CNBC-TV18, Sunil Agarwal, Managing Director of SE Investments, said that the disbursement growth was at 9 percent on a year-on-year basis. It expects a growth of 15-16 percent this year. Asset quality remained stagnant.

Indiabulls Housing Finance to raise Rs 1,600 cr from NCDs

Indiabulls Housing Finance today said it proposes to raise over Rs 1,600 crore from non-convertible debentures (NCDs) to fund business expansion.

Capital First rises 4%, to raise Rs 100 crore via issue of NCDs

The debenture committee of board of directors at its meeting held on July 18, 2016, has approved a issue of rated, listed, secured, non-convertible securities in the nature of debentures (NCD's) of Rs 100,00,00,000 plus green shoe option of Rs 100,00,00,000 on private placement basis.

Arman Financial up 7% on fund raising plan approval

The company at its meeting held on July 08, 2016, has approved the issue of secured/ unsecured non-convertible debenture through private placement upto Rs 100 crore.

ICICI Home Finance raises Rs 176 cr via bonds

ICICI Home Finance today said it has raised Rs 176 crore through an issue of bonds on private placement basis.

DHFL to raise Rs 125 crore by debt

Dewan Housing Finance Corporation Ltd (DHFL) today said it will raise Rs 125 crore through private placement of debentures.

ICICI Home Finance to raise Rs 955 cr via debentures

ICICI Home Finance Company today said it will raise up to Rs 955 crore in tranches by issuing debentures on private placement basis.

Budget 2016: 'A signal for tax regime stability for corporate India'

Reacting to the Arun Jaitley‘s Budget speech, Dinesh Kanabar, CEO of Dhruva Advisors said the FM's decision to get some state-run companies to issue bonus debentures instead of dividends was a positive as it would reduce the strain on their cash positions.