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So its prudent to withdraw the current application, he added.The refinancing will extend the repayment timeline to five years versus the repayment of the remaining TLB due in 2026 the source said.The bond issuance would significantly lower the current effective interest rate of 14 per cent on its existing USD 450 million Term Loan B TLB facility.The refinancing is expected to result in annual interest savings of USD 8-10 million Rs 66.4-83 crore in the first year, after accounting for the costs associated with the bond issuance. ....
NSE MD & CEO Ashishkumar Chauhan said that due to the lack of feedback which SEBI had sought from stock brokers, the proposal to extend trading hours was rejected. ....
Over 100 shareholders of ICICI Securities submitted a class action lawsuit to the National Company Law Tribunal last month, challenging ICICI Bank Ltd s bid to delist ICICI Securities. ....
"With a booming stock market, all the malpractices of Harshad Mehta/Ketan Parekh era are back primarily in Kolkata. Promoters are inflating profits (through profit entry) and in nexus with Gujarati-Marwari brokers driving their stock prices to unrealistic levels," Goenka wrote on X (formally Twitter). ....