Equity Shares

Another area, where the government may consider easier norms pertains to making it smoother for Indian companies with larger overseas investments to invest back into the country.

EMS Ltd files draft papers for IPO worth Rs 180 crore

The IPO comprises fresh issue of equity shares worth Rs 180 crore and an offer for sale of 82.94 lakh shares by promoter Ramveer Singh, Draft Red Herring Prospectus (DRHP) with the regulator showed.

IPO: Fusion Ltd plans to raise about Rs 600 crore by issuing fresh equity shares

The initial share sale will open for public subscription on November 2 and conclude on November 4.

SEBI clears Centre's proposal to turn Vodafone Idea dues into equity: Report

The government's stake in Vodafone-Idea after the conversion could be more than 30 percent, which would make it one of the largest shareholders in the company along with UK's Vodafone Group and Aditya Birla Group, the report added

Blue Jet Healthcare files draft papers with Sebi; eyes up to Rs 2,100-crore via IPO

The IPO is completely an offer-for-sale (OFS) through which the company’s promoters — Akshay Bansarilal Arora and Shiven Akshay Arora — will sell up to 21,683,178 equity shares, according to the draft red herring prospectus (DRHP).

EID Parry allots 6,200 equity shares of face value Re 1 each

There will be no listing fee payable as the annual listing fee paid was for the capital slab up to Rs 100 crore, the company said.

Capital Small Finance Bank pays Rs 5.8 lakh to settle case with Sebi

Capital Small Finance Bank has settled with Sebi a case pertaining to alleged violations of regulatory norms during allotment of its equity shares after paying Rs 5.8 lakh towards settlement charges.

Inox Wind raises over Rs 400 cr by issuing equity shares, convertible warrants

In a regulatory filing, Inox Wind said it has completed the allotment of equity shares and convertible warrants worth Rs 402.50 crore on June 2, at an issue price of Rs 126 and Rs 132, respectively.

Burger King India launches QIP, sets floor price at Rs 136.05 per share

The indicative offer size is for the base deal size of Rs 12,750 million with an option to upsize to Rs 14,250 million.

Sterling & Wilson board approves allotment of 2.93 crore shares to Reliance New Energy at Rs 375 apiece

Post allotment, RNESL will hold 15.46 percent of the total paid-up equity share capital of the firm.

MOIL shareholders approve buyback of over 3.38 crore shares

In a filing to the BSE, MOIL said the Buyback Committee of the Board of Directors of the company has fixed Friday, December 31, 2021, as record date for determining the entitlement and the names of the eligible shareholders/beneficial owners for the offer.

Centre won’t abolish LTCG Tax on mutual funds, equities: Report

The union government was reportedly asked in Parliament if it would increase LTCG on mutual funds and equities and abolish the LTCG tax to help accelerate economic recovery from the aftermath of the coronavirus pandemic outbreak.

SUUTI likely to sell nearly 4 crore shares in Axis Bank at Rs 680 per share

SUUTI is mulling to sell the stake through the Offer For Sale (OFS) route and is awaiting for the Sebi approval.

What explains Tata Sons’ vote of confidence in Tata Chemicals?

Tata Sons has been raising stake in Tata Chemicals for a year now, which is witness to early results of a capacity addition-led business expansion plan

Muruguppa group's Tube Investments to raise Rs 350 crore from Azim Premji Trust, SBI MF

Azim Premji Trust will get 27.33 lakh shares worth Rs 200 crore, while SBI Mutual Fund's two schemes -- SBI Focused Equity Fund and SBI Magnum Midcap Fund -- will get 15.03 lakh shares and 5.46 lakh shares worth Rs 110 crore and Rs 40 crore, respectively.

RBL Bank raises Rs 2,025cr through QIP

In a statement RBL Bank said "it has successfully concluded the QIP of Rs 2,025 crore at an issue price of Rs 351 per share (including premium of Rs 341) pursuant to the allotment of 5.77 crore equity shares."

Viewpoint | Why do we buy the shares of a company that has gone broke?

A combination of the anchoring effect and loss aversion would explain why investors keep buying shares of bankrupt companies.

IOC to buy back 3% equity shares for Rs 4,435 cr

IOC will buy back 29.76 crore shares at Rs 149 apiece, the company said in a regulatory filing.

Inox Leisure allots shares worth Rs 160 cr to promoter

"The board of directors of the company...approved the allotment of 64,00,000 equity shares of face value Rs 10 each to Gujarat Fluorochemicals Ltd, the holding company, (promoter) at the issue price of Rs 250 per equity share, including a premium of Rs 240 per equity share, aggregating to Rs 1,60 crore," Inox Leisure said in a BSE filing.

Syndicate Bank to raise equity capital of Rs 7,840 cr

As part of the special resolution, it is sought to raise up to Rs 5,000 crore by creating equity shares by way of qualified institutional placement or rights issue or follow on public issue or any another mode in one or more tranches, the bank said in a regulatory filing.

KP Energy allots 25.65 lakh bonus shares, authorised capital rises to Rs 11.11 cr

The company's board today "allotted 25,65,000 bonus equity shares of Rs 10/each as fully paid-up bonus equity shares, in the ratio of 3 fully paid-up bonus equity share of Rs 10 each of the company for every 10 fully paid-up equity share of Rs 10 each to the members eligible," it said in a BSE filing.

UCO Bank to issue preference shares to govt for Rs 1,375 crore

The government had on October 24 unveiled a Rs 2.11 lakh crore two-year road map for strengthening NPA-hit public sector banks, which includes re-capitalisation bonds, budgetary support and equity dilution.

Kotak Mahindra Bank board approves QIP at Rs 913.24 per share

The bank plans to issue 6.2 crore shares for Rs 913.24 per share on the issue day as May 11.

Celebrity Fashions up 7% on allotment of equity shares, warrants

The company at its meeting held on March 4, has issued and allotted 30,67,484 equity shares and 56,96,756 convertible warrants at a price of Rs 11.41 per security on preferential basis to promoters and director.