Rights Issue

The board of directors of UGRO Capital on May 20 approved the fund raising of Rs 400 crore through issuance of equity shares by way of rights issue and Rs 914.30 crore via issuance of unsecured compulsorily convertible debentures (CCDs).

Rights issue to be faster from today; process to be completed in 23 days

The market regulator has introduced measures to make rights issue more attractive than preferential allotment

M&M Finance approves Rs 3,000 crore rights issue, sees 'tremendous growth opportunity' in consumption

The NBFC said it sees 'tremendous growth opportunity' with regard to India’s domestic consumption growth, going forward, and the capital raise will support the company's growth aspirations for next few years.

WeWork India raises Rs 500 crore via rights issue, firm says 'on path to become debt-free'

The company said the funds will be used to repay debt, which would help the company in its path to go debt-free, and reduce its cost of capital.

NHC Foods Ltd ‘s Rs.47.42 Crore Rights Issue Opens For Subscription on December 5, 2024

The right issue of the company is attractively priced at Rs. 1 per share as compared to the current market price of Rs. 2.76 per share on 6 December 2024.

UPL eyes debt reduction, sells 8.93% stake in Advanta for Rs 2,100 cr, announces Rs 3,378-cr rights issue

UPL's Advanta stake sale, coupled with an equity rights issue worth Rs 3,378 crore, positions the agrochemicals firm to raise a total of approximately Rs 5,500 crore. These funds may support the company’s expansion plans and deleveraging efforts.

UPL to raise up to Rs 3,378 crore via rights issue at Rs 360 per share

The record date is Nov 26, and the issue opens on Dec 5; rights entitlement ratio is 1:8

Sebi’s new rights-issue norm could dilute shareholder's stake without a vote, but proxy advisors welcome it

After its Board meeting on Sept 30, the regulator announced a set of new norms to speed up rights issue, including one on what to do with the unsubscribed portion of an issue

Godrej Properties okays Rs 6,000 crore fundraise via various routes; may include rights issue, FPO, QIP, more

Godrej Properties has got the board approval for raising up to Rs 6,000 crore by private or public issue of debt or equity. The fundraising initiative comes amid a robust demand in the real estate sector.

Sebi eases rights issue compliance, cuts down completion time to 23 days from 317 days

The regulator made the announcement after meeting with its Board on September 30

Indian Oil withdraws proposed rights issue of equity shares worth Rs 22,000 crore

Ministry of Petroleum and Natural Gas said that in the union budget 2024-25 no funds were allocated for capital support to Oil Marketing Companies (OMCs) as against the proposed allocation of Rs 30,000 crore.

Geojit Financial stock rises as board to finalise details of Rs 200 crore rights issue on Sept 19

Geojit Financial's Rights Issue Committee will meet later this week to finalize crucial details of its Rs 200 crore rights issue, including the issue price and entitlement ratio.

RIL board to consider 1:1 bonus shares on Sept 5, here's how shareholders have been rewarded since 1983

The bonus issue will be the first since 2017, when the oil-to-chemicals conglomerate issued bonus shares at a 1:1 ratio.

Sebi proposes allowing rights issue without merchant bankers; allotment to select investors

The recommendations in the paper also propose a flexibility of allotment to selective investors applying to the rights issue.

India led the world in IPOs in FY24 as primary markets created Rs 10.9 lakh crore of capital

Fund raise via all modes, that is, equity, debt, and hybrid saw strong year-on-year growth, with hybrid route rising over 513.6 per cent, in FY24.

Karnataka HC restrains Byju's from allotting shares, status quo on 2nd rights issue

The Chief Justice of the HC indicated that he will dictate the order in his chambers.

NCLT directs Byju's to maintain status quo on shareholding amid allegations of violation of order

The order restrained Byju's from going ahead with the second rights issue, which according to the investors commenced on May 13 and was to end on June 13.

Borosil Renewables to raise up to Rs 450 crore through a rights issue

The Draft Letter of Offer will now need SEBI's go ahead, and the entire process could take up to 3-4 months from here on, the company said.

IIFL Finance announces Rs 1,272-cr rights issue at Rs 300 per share; here are the key dates

Rights entitlement ratio has been fixed at one rights equity share for every nine fully paid-up equity shares of the company held by the eligible shareholders

Byju's seeks arbitration in dispute with investors, files application in NCLT

NCLT asks investors, including Peak XV Partners, General Atlantic and Prosus, to respond to Byju's application. Investors level fresh allegations of violation of NCLT directives by ed-tech firm

Bonds trump IPOs: Private debt fundraising in FY24 at nearly 5 times equity

In FY24, NABARD secured the highest mobilisation through debt private placements at Rs 51,855 crore closely followed by REC and HDFC

Dhanlaxmi Bank’s board approves rights issue of Rs 300 crore

The Capital Adequacy Ratio (CAR) of the bank stood at 12.37 percent as of end-March 2023

Byju's rights issue closes today, top investors likely to give it a miss

The issue has been fully subscribed, CEO Byju Raveendran had said in a letter to shareholders ahead of the February 23 EGM

NSE grants in-principle approval to Globe Textiles' rights issue; funds to fuel growth

The company's rights issue will open on March 6 for the issuance of 15.11 equity shares at Rs 3 apiece, aggregating a total of Rs 45.34 crore.

Orient Green Power cuts right issue size; stock soars 240% in a year

Shares of Orient Green Power have jumped 15 percent in the last three days, hitting 5 percent upper circuit for 3 straight sessions