Page 3 - Preferential Issue News Today

Kolkata-based packaged snacks and food beverage company Annapurna Swadisht on Tuesday got the boards approval to raise Rs. 69.33 crore through a preferential issue of equity shares and warrants by the end of September 2023. The warrant may be converted in tranches within 18 months from the issue date.

Multibagger stock: Small-cap stock has delivered 450% return to long-term shareholders in last three years

Under the preferential allotment, shares will be allotted to Tata Capital Healthcare Fund which post the preferential issue of equity shares own a 10.82% stake in the company.

Capacite Infraprojects Limited has announced its plan to raise ₹ 96.30 crores through a preferential issue of equity shares, subject to shareholders approval.

On June 1 the company announced that its board has approved preferential issuance of Rs 1,250 crore at a share price of Rs 165.10 a share to its promoter and promoter group entity out of the total approved equity fundraising of up to Rs 3,000 crore.

Aditya Birla Capital plans to raise INR 1,250 crore ($168m) through a preferential share issue to Grasim Industries and Surya Kiran Investments. The move is part of a wider plan to raise up to INR 3,000 crore ($403m) to augment capital and improve solvency margin and leverage ratio.

The Board of Bank of India (BOI) approves the raising of capital for the FY 2023-24 aggregating upto Rs.6,500 crores.

The capital will be raised by issue of fresh Equity Capital in the form of FPO / QIP / Rights Issue / Preferential Issue and / or Basel III compliant Additional Tier-1 (AT-1) bonds (domestic and foreign currency) up to an amount of Rs 4,500 crore, , Bank of India (BOI)

Mumbai (Maharashtra) [India], March 18 (ANI/PNN): Shri Keshav Cement & Infra Limited (BSE - 530977), a leading manufacturer of cement and solar power in Karnataka, has announced a fund-raising initiative through a Preferential Issue of Equity Shares & Equity Share Warrants. The company aims to raise a total of INR 45.98 Crore, comprising INR 19.65 Cr by way of 15,72,000 Equity Shares at a price of INR 125/- per share and INR 26.33 Cr by way of 20,25,000 Equity Share Warrants at a price o...

Shri Keshav Cement & Infra Limited, a leading manufacturer of cement and solar power in Karnataka, has announced a fund-raising initiative through a Preferential Issue of Equity Shares & Equity Share Warrants.