Gdr

Worsening asset quality in Q1FY26 pulls down Axis Bank’s GDR by 4%

The asset quality of the bank deteriorated in April-June quarter on sharp increase in the gross slippages due to technical impact. The gross and net non-performing asset ratio of the bank increased by 30 basis points (Bps) and 15 bps, respectively, on a yearly basis.

Govt allows cos to list global depository receipts at IFSC

The move would help companies in having another avenue for raising funds.

Markets | MSCI EM change will not have an impact on Indian markets

The Indian government should nevertheless take the rebalancing as a wake-up call to push India’s weight in the MSCI index higher

ED probes over 2 dozen companies for suspected round-tripping via GDRs

Preliminary enquiry begins amid suspicion several Indian companies used GDRs to route black money into India.

India's Dish TV lists 277 mn GDRs on London Stock Exchange

The listing follows the completed merger between Dish TV and Videocon d2h, creating a leading direct-to-home (DTH) television service provider in India valued at over USD 2.2 billion and serving over 29 million subscribers, the Exchange said.

Foreign holding in HDFC Bank hits limit again: RBI

HDFC Bank again reached the prescribed foreign investment limit for Indian companies, the Reserve Bank said today, just a day after such inflows had gone below the ceiling.

Lakshmi Vilas Bank raises Rs 168 crore via QIP

Private sector Lakshmi Vilas Bank has raised Rs 167.8 crore through issuance of 1.19 crore equity shares on qualified institution placement (QIP) basis.

Lakshmi Vilas Bank launches QIP to raise Rs 600 crore

Private sector Lakshmi Vilas Bank today said it has launched QIP to raise over Rs 599.88 crore by issuing 4.25 crore shares in domestic or international markets.

JK Tyre to raise fund upto Rs 1000 crore; shares up 3%

The company at its meeting held on December 28, has approved raising of funds by way of public and/or private offerings and/or qualified institutions placement, including GDR, ADR, FCCB, or any combination thereof for an amount up to Rs 1000 crore, in one or more tranches, to eligible investors.

Adani Power seeks shareholders nod to raise Rs 10,000 cr more

The special resolution of the firm is listed on agenda of the Annual General Meeting of the company scheduled on August 9, 2016, Adani Power said in a BSE filing today.

Aurobindo Pharma to seek shareholders nod to raise $ 600 mn

In January this year, Aurobindo shareholders had approved to raise up to USD 350 million through a Qualified Institutional Placement (QIP) but the company did not raise funds due to unfavourable market conditions. The validity of the resolution is for one year.

JSW Energy plans to raise Rs 12,500 cr for capex, expansion

Power producer JSW Energy is planning to raise up to Rs 12,500 crore through issuance of various securities as it eyes organic and inorganic ways to expand business.

Opto Circuits opens GDR issue; stock rises 5%

The company has opened its Global Depository Receipts (GDR) issue on June 16.

Sebi bars IKF Tech from issuing securities for 10 years

In an interim order, dated September 21, 2011, IKF was barred from issuing equity shares or any other instrument convertible into equity shares or alter their capital structure in any manner till further directions.

Essar Oil's delisting plans hit roadblock

Sebi had sought information on conversion of FCCBs on December 2013. Essar Energy had converted FCCBs worth USD 262 million, which led to the issue of 8.38 crore shares. The conversion of shares took place between Rs 138-153 per share.

Transgene GDR case: Sebi must call taxmen for deeper probe

It may not be a case of inadequate disclosure by the promoters and directors; rather it could well be about round tripping of funds and calls for a deeper probe by the tax authorities

LSE to delist Ranbaxy GDR programme with effect from Dec 15

Drug firm Ranbaxy Laboratories on Friday said Luxembourg Stock Exchange (LSE) will delist the company's Global Depository Receipts programme with effect from December 15.

FinMin working towards liberalisation of ADRs & GDRs

Former Sebi member, MS Sahu is working on a report on the revamping of ADRs and GDRs, and once that report is done, the finance ministry will take a final view.

Analysis: Mavi gets Sebi `benefit of doubt'; so may others

The regulator had charged Mavi of colluding with investment bank Pan Asia by subscribing to issues marketed by it, converting the GDRs into shares within a short time and then selling them back to entities controlled by Pan Asia and promoters of the companies.

Sebi disposes of case against Mavi in GDR issue handling

The order has been passed after taking into account information provided by Mauritius regulator, Financial Services Commission (FSC). Mavi has undergone restraint from securities market imposed by Sebi for two years because of the charges levelled against it.

FIPB to consider Axis Bank, HCL Tech proposals next week

Axis Bank had approached the FIPB last month soon after the RBI said the limit of investments through GDRs, ADRs, FDI, NRI, FIIs in the bank had breached the overall limit of 49 percent of its paid-up capital. HCL Tech has also approached the FIPB to seek nod for induction of foreign funds.

Brokers, 2 others fined for RIL GDR

British regulator FCA today fined an India-origin broker and two others in a case of financial market manipulation here by an Indian businessman in securities of Reliance Industries Ltd (RIL).

Budget 2013: Indian firms raise Rs 2.81 lakh cr in Apr-Dec 2012: Survey

Indian companies raised a total of Rs 2.81 lakh crore in fresh capital from equity and debt markets in the April-December period of 2012.

Koutons Retail board to consider preferential issue/ADR/GDR

Koutons Retail India board is meeting today to consider & discuss preferential issue /ADR /GDR, reports CNBC-TV18. At 09:28 hrs the share was quoting at Rs 6.51, up Rs 0.29, or 4.66%. It touched an intraday high of Rs 6.53 and an intraday low of Rs 6.20.