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."
A combination of the anchoring effect and loss aversion would explain why investors keep buying shares of bankrupt companies.
IOC will buy back 29.76 crore shares at Rs 149 apiece, the company said in a regulatory filing.
"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.
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.
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.
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.
The bank plans to issue 6.2 crore shares for Rs 913.24 per share on the issue day as May 11.
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.
The company's EGM is scheduled to be held on March 23 to consider issue of 44 lakh equity shares to Amtek Auto at Rs 100 per share and 24 lakh warrants to Amtek Auto at Rs 100 each on preferential basis.
The consortium of lenders of GMR Chhattisgarh Energy (GCEL), subsidiary of GMR Infrastructure, have adopted strategic debt restructuring plan (SDR), under which GCEL has allotted equity shares to all the lenders.
The Tata Consultancy Services (TCS) board today announced buyback of upto 5.6 crore equity shares of the company for an aggregate amount not exceeding Rs 16,000 crore.
The company at its meeting held on February 18, has approved the issue of bonus shares in the ratio of 1 share for every 1 share held by the shareholders of the company.
"...Board meeting of the company scheduled to be held on February 9, 2017 ... At the said meeting, the Board will also consider a proposal for buy-back of the equity shares of the company," Icra said in a regulatory filing.
The companies to be delisted are Arihant Threads, Kamper Concast and Krishna Engineering Works. This is in addition to 28 companies delisted from the exchange's platform during August and November.
State Bank of India (SBI) today raised Rs 5,680.99 crore by issuing preferential shares to the government.
Unlike equity shares, CCPS can be tailored to include certain terms which provide its holder with significant advantages with respect to dividends.
The company's board in its meeting held on January 16, has approved allotment of equity shares to promoters on preferential basis.
State-run Dena Bank today said its board has approved raising of share capital by up to Rs 360 crore through issue of equity shares.
Hindustan Construction Company today said that the shareholders have approved conversion of loan into equity shares or optionally convertible debentures pursuant to implementation of RBI's scheme for sustainable structuring of stressed assets.
In a BSE filing, the company said it will buyback one crore equity shares at a face value of Rs 1 each from the equity shareholders on a proportionate basis.
Sasken Communication Technologies today said it has received shareholders approval for buyback of up to 28.24 lakh equity shares, at a price not exceeding Rs 425 per share for a total consideration of about Rs 120 crore.
Tech firm eClerx Services today said it has bought back shares worth Rs 234 crore from shareholders.
The country‘s largest public sector bank has also received shareholder approval to raise up to Rs 15,000 crore through a public or private placement.