-
Let's catch up on the latest stock market updates! IndusInd Bank has identified discrepancies in its derivative portfolio following an internal review. Hindustan Zinc has approved the issuance of ₹500 crore in non-convertible debentures. Ashoka Buildcon has secured a ₹311.92 crore turnkey project in Maharashtra, while MSTC has been awarded a two-year contract by Coal India for e-auction services. Indoco Remedies’ Hyderabad-based research unit recently underwent a USFDA inspection. NLC India’s board has given in-principle approval for a $200 million external commercial borrowing in Japanese Yen. Meanwhile, Bharat Electronics has secured fresh defence orders worth ₹843 crore, bringing its total order book for FY25 to ₹14,567 crore. Stay tuned for a detailed breakdown of these stock market movers!
-
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.
-
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.
-
As part of the exercise, the company intends to address the three bond maturities using a mix of cash and new bonds.
-
Corporate non-convertible debentures or NCDs offer a good option for those seeking regular income. If you have a medium-risk profile, these can be a good alternative to bank and corporate fixed deposits or FDs. Watch out for the credit rating though
-
State-run power giant NTPC board will consider a proposal to raise up to Rs 12,000 crore through issuance of non-convertible debentures, in its meeting scheduled on Saturday.
-
This is within the limits approved by the board and shareholders of the company, it added.
-
The issue will open on January 9 and close on January 27
-
Public issue of bonds may continue to be popular due to smaller lot sizes and attractive coupons, experts said.
-
FEL has defaulted on interest payments for the period from June 21, 2022, to December 20, 2022.
-
According to experts, with a few more rate hikes expected this fiscal, issuers are looking to shift some of their borrowings to NCDs to lock-in fixed coupon rates
-
The debentures have coupon rates of 9.80 percent and 9.28 percent per annum and the default has happened towards payments of interest of Rs 1.48 crore and Rs 2.10 crore, respectively.
-
Addressing an event organised by National Highways Infra Trust, Gadkari said that of the additional fundraise, around Rs 1,500 crores are being garnered through an issue of non-convertible debentures (NCDs) with a long-dated maturity of 24 years.
-
The secured redeemable Non-Convertible Debentures (NCDs) will carry a coupon rate of 8.07 per cent per annum for a tenor of 10 years.
-
FEL has defaulted on interest payment for the period March 21, 2022, to September 19, 2022.
-
The issue is divided into two series, Tata Steel said. In series one, 5,000 NCDs of face value Rs 10,00,000 each will be issued to raise an amount aggregating Rs 500 crore.
-
-
The issue is proposed to be listed on the Wholesale Debt Market Segment of the National Stock Exchange of India Ltd.
-
In a regulatory filing, the company said it has raised Rs 200 crore through the allotment of 2,000 NCDs of the face value of Rs 10,00,000 each on private placement basis.
-
Vedanta, a subsidiary of Vedanta Resources Ltd, is one of the world’s leading oil & gas and metals company with significant operations in oil & gas, zinc, lead, silver, copper, iron ore, steel, and aluminium and power across India, South Africa and Namibia.
-
You should consider NCDs with high credit rating, healthy yield-to-maturity and ample liquidity in the exchanges
-
The country's largest mortgage lender said that it will issue secured redeemable non-convertible debentures (NCDs) on private placement basis with an issue size of Rs 2,000 crore and option to retain over-subscription of up to Rs 8,000 crore.
-
Under this, the company plans to issue secured, redeemable and taxable non-convertible debentures on a private placement basis, in one or more tranches up to Rs 99 crore.
-
The company’s board of directors in its meeting held on Monday approved the issuance of rated, listed, unsecured, redeemable NCDs of a face value of Rs 10 lakh each, Motherson Sumi Systems Ltd said in a regulatory filing.
-
This was the tranche-1 NCD issue of the housing finance company with a base issue size of Rs 200 crore and a greenshoe option of up to Rs 800 crore.
