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Deepak Fertilisers and Petrochemicals Corporation Limited allots 54,76,831 equity shares on conversion of FCCBs
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Suzlon Energy Limited allots 8,46,17,151 equity shares
Posted On: 2021-02-01 11:38:46 (Time Zone: Arizona, USA)
The Securities Issue Committee of the Board of Directors of Suzlon Energy Limited has, by way of circular resolution passed on 1st February 2021, approved allotment of 8,46,17,151 (Eight
Crores Forty Six Lacs Seventeen Thousand One Hundred Fifty One) equity shares of the Company bearing distinctive numbers from 8664667383 to 8749284533 and having a face value of Rs.2/- (Rupees Two Only) each on conversion of 9,221 (Nine Thousand Two Hundred Twenty One) US$ denominated Convertible Bonds due 2032 having a face value of USD 320 each at a conversion price of Rs.2.61 (Rupees Two and Paise Sixty One Only) per equity share with a fixed rate of exchange on conversion of Rs.74.8464 to US$ 1.00 in terms of the Consent Solicitation and Information Memorandum dated 26th March 2020 as supplemented on 31st March 2020 and 2nd April 2020, pursuant to the conversion notice(s) rec
Borosil Renewables Ltd announces Successful Completion of Rs 200 crores QIP
Posted On: 2020-12-18 03:26:55 (Time Zone: Arizona, USA)
Borosil Renewables Limited (BRL) announced the successful completion of fund raising of Rs. 200 Cr through a Qualified Institutions Placement (Issue). The Securities Issue Committee of BRL approved opening of the Issue on December 14, 2020 and approved the closing of the Issue on 17th December 2020. BRL allotted 1,58,04,030 shares of face value of Re. 1 each at Rs. 126.55 per share. Post the QIP issue, the holding of promoter and promoter group will be 61.92%.
Commenting on the QIP s response, Pradeep Kheruka, Executive Chairman of Borosil Renewables Ltd., said, We are overwhelmed with the response from the investors and thank them for showing confidence in the business and management team of Borosil Renewables. The funds raised through this QIP will help us undertake our planned expansion and we are excited to capitalise on the business oppo
Borosil Renewables (BRL) announced the successful
completion of fund raising of Rs. 200 crore through a Qualified Institutions Placement (Issue). The Securities Issue Committee of BRL approved opening of the Issue on 14 December 2020 and approved the closing of the Issue on 17 December 2020.
BRL allotted 1,58,04,030
shares of face value of Re. 1 each at Rs. 126.55 per share. Post the QIP issue, the holding of promoter and promoter group will be 61.92%.
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