The company reported a net loss of Rs 95.52 crore for the quarter ended June 30, 2019, a regulatory filing said.
The committee of directors for debt restructuring has allotted 3805.53 core worth of cumulative compulsory convertible preference shares to the banks & financial institutions
"Pursuant to the scheme of conversion of FCCBs into equity shares of the company, a meeting of the USD 200,000,000 5.0 per cent foreign currency convertible bondholders has been convened by the company on December 13, 2019," according to a BSE filing.
In the S&P BSE 500 index, as many as 8 stocks fell 10-20 percent which include names like Delta Corp, Rail Vikas, Berger Paints, Bharti Airtel, Gruh Finance, Bandhan Bank, and Adani Green Energy.
Total income during the quarter under review was down 4.08 per cent to Rs 1,084.64 crore as against Rs 1,130.79 crore in the corresponding quarter of the previous fiscal.
"With the elapsing of the Long Stop Date, the proposed acquisition of the Bina project stands terminated," JSW Energy said in BSE filing today.
The company's standalone net loss stood at Rs 161.67 crore in the quarter ended September 2016, Jaiprakash Power Ventures Ltd said in a BSE filing today.
There has been a poor response from bidders for Jaiprakash Power Ventures under strategic debt restructuring (SDR).
Sources tell CNBC-TV18 that banks have put their stake in Jaiprakash Power Ventures on the block. In an interview to CNBC-TV18, RK Bansal, Former ED of IDBI Bank shared his views and readings on the same.
A document on the website of SBI Capital Markets showed an unidentified creditor group has hired the investment bank and peer Ernst & Young to help sell a minimum of 30 percent of a power producer to a new investor. The buyer will become the producer's single largest shareholder, the document showed.
Orient Cement Ltd (OCL) has signed "definitive agreement" with the Jaypee group firms for all cash deals, which are expected to be completed before March 31, 2018, the company said in a BSE filing. It would acquire 74 per cent share of Bhilai Jaypee Cement (BJCL) from Jaiprakash Associates Ltd (JAL) and its nominee for a total enterprise value of Rs 1,450 crore.
The company's standalone net loss after taxes, minority interest and share of profit was Rs 335.57 crore in the year- ago period, JPVL stated in a BSE filing.
According to a media report, Brookfield was involved in initial stage talks with the power company to sell these plants of 4,000 MW. The deal could prescribe equity value at Rs 4,500-5,000 crore.
Here are a few top buzzing midcap stocks picked by CNBC-TV18's analysts in trade today -- Natco Pharma, JP Power, Astral Poly, Jenson and Nicholson, Sun Pharma, SPML Infra.
Cipla | Tata Motors | Kotak Mahindra Bank | Tata Steel | Hero Motocorp | Infosys | Wockhardt | Vista Pharma | Kellton Tech | Dilip Buildcon | Nestle | Cadila Healthcare | Gujarat Fluorochemicals and DB Corp are stocks, which are in the news today.
IDBI Bank has acquired 32,30,00,000 shares from Jaiprakash Power Ventures in consideration of conversion of debt into equity under strategic debt restructuring, the company said in a BSE filing.