Ncds

The Delhi bench of the tribunal held that all kinds of debentures, including CCDs and OCDs, are eligible for concessional tax rate of 5% against the treaty rate of 15%

Stocks to Watch on March 6: TCS, LIC Housing Finance, Wipro, Zydus Lifesciences and more

On March 6, several key stocks are in focus. TCS has partnered with Vantage Towers to launch a digital service platform aimed at enhancing property owner experiences in telecom tower leasing. LIC Housing Finance plans to raise ₹1,22,500 crore in FY2025-26 through various instruments, including NCDs and ECBs, to bolster its funding capacity.

Explained: Why SEBI cracked down on three unregulated bond platforms; what it means for other players

According to the regulator's order, the platforms seemed to be used to get around strict public-issue norms to sell bonds to a large number of investors.

Fortis Healthcare board approves raising of up to Rs 1,500 cr via NCDs

The company's board of directors at its meeting held on October 9, 2024, considered and approved issue of non-convertible debentures (NCDs) on a private placement basis to eligible investors, according to a regulatory filing.

Sebi proposes exempting subscription to NCDs from restrictions under Insider Trading Regulations

These trading restrictions are placed under the PIT Regulations to stop insiders from profiting from unpublished price-sensitive information (UPSI).

Stashfin parent AKARA Capital becomes 1st fintech NBFC to offer NCDs at face value of Rs 10,000

This offering follows a recent regulatory amendment by market regulator SEBI in July, which lowered the minimum face value of debt securities from Rs 1,00,000 to Rs 10,000, enhancing financial inclusion and accessibility for retail investors across the country, it said

PNB Housing Finance to consider proposal of fund raising up to Rs 2,500 crore via NCDs

PNB Housing Finance has seen quite a few major stake sales in recent months, with big names like The Carlyle Group, General Atlantic Singapore and Asia Opportunities V (Mauritius) being sellers in those deals.

Adani Enterprises launches Rs 800 crore NCD issue with coupon rates up to 9.9%

Adani Enterprises will issue up to 80 lakh NCDs at Rs 1,000 each, totaling Rs 800 crore.

Sebi proposes expanding sustainable finance framework; suggests securitised instruments

In a consultation paper released on August 16, the capital markets regulator has proposed launching of social bonds, sustainable bonds, sustainability linked bonds and sustainable securitised debt instruments.

Tata Communications board to consider fundraising proposal via NCDs on July 18

Tata Communications said as part of its debt management framework, the company refinances its debt from time to time, and at times ahead of scheduled maturities, to achieve the objectives stated in the framework.

Tata Steel's board approves Rs 3,000 crore fundraising via NCDs

Tata Steel net debt stands at Rs 77,550 crore as of March 31, 2024.

Sebi penalises Reliance Home Finance Rs 8 lakh for violation of LODR Regulations

According to the regulator's order, the company had failed to disclose material events and had delayed the disclosure of developments around an inter-creditor agreement (ICA).

Should you invest in Sachin Bansal’s Navi Finserv NCD issue offering up to 11.19%?

Navi Finserv’s rating of ‘A’ is the fifth highest behind ‘AAA’, ‘AA+’, ‘AA-’ and ‘AA’, meaning the issue comes with a high degree of risk. While retail investors should look to avoid low-rated NCD issues, HNIs or high-risk investors should note that even AAA-rated NCDs have defaulted in the past

Canara Bank raises Rs 2,000 cr from bonds

The fund has been raised through non-convertible, taxable, perpetual, subordinated, fully paid up, unsecured Basel III compliant Additional Tier 1 bonds of face value Rs 1 crore each at a coupon of 8.40 per cent, Canara Bank said in a regulatory filing.

Sachin Bansal-backed Navi Finserv aims to raise up to Rs 600 crore via NCDs

The secured NCDs have been assigned 'A' rating with a 'Stable' outlook by Crisil Ratings. The issue will come with tenors of 18, 27, and 36 months and offer effective yields of 10.47-11.19% per annum.

Non-banking lender 360 One Prime to raise Rs 1,000 crore from debt sale

The first tranche of the issue, which will be listed on the BSE, will open for subscription on January 11, with a base issue size of Rs 200 crore and an option to retain over-subscription of up to Rs 800 crore, the company in a statement said.

Adani Ports approves raising funds up to Rs 5,000 crore

The company has empowered the Finance Committee to, among other responsibilities, approve, execute, and oversee activities related to the Issue.

Vedanta makes interest payment on NCDs as it navigates debt concerns

The company said on December 19 that its Committee of Directors has approved raising Rs 3,400 crore via private placement basis, ahead of its bond repayment due in January.

Piramal Enterprises launches NCD issue offering up to 9.34%; should you invest?

The NBFC is offering NCDs with four tenure options of two years, three years, five years and 10 years with yields ranging from 9-9.34 percent per annum.

Edelweiss Financial NCD offers up to 10.46%: Should you go for it?

Edelweiss may offer high interest rates, but an AA- rating with negative outlook suggests very high risk. In the past, even AAA-rated issues have defaulted.

Edelweiss Financial Services offers investors returns of almost 11%; stock jumps 8%

Edelweiss Financial Services is offering investors returns up to 10.66 percent per annum on its secured redeemable NCDs

Aditya Birla Finance’s NCD issue offers up to 8.09%; should you invest?

Experts say the offer is interesting, since there aren’t many secondary market AAA-rated debt issues offering the same returns.

NCDs, invoice discounting offer high returns but is the risk worth it?

A non-convertible debenture could be secured but retail investors may not be the first in line for a claim if the company goes bust. Invoice discounting is even riskier. Understand the hidden costs in these investments before you commit your money

Godrej Properties raises Rs 1,160 crore through issue of NCDs on private placement basis

In August, the board had made an enabling approval for raising of funds, by issue of NCDs, bonds and/or other debt securities on a private placement basis, in one or more tranches, for an amount not exceeding Rs 2,000 crore.

Power Finance hits 52-week high on Rs 2.37-lakh-crore green energy deals

"These MOUs highlight PFCs commitment to consistently widen its energy transition portfolio and steer the country's drive for energy transition goals", the company said in an exchange filing on July 21.