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IIHL's Rights Issue oversubscribed for the redemption of balance 75% warrants of IndusInd Bank

IIHL s Rights Issue oversubscribed for the redemption of balance 75% warrants of IndusInd Bank
Posted On:
2021-02-16 20:32:24
(Time Zone: Arizona, USA)
IndusInd International Holdings Ltd. (IIHL), the promoter company of IndusInd Bank, confirms that it has completed its capital raise through its Rights Issue which was oversubscribed. IIHL raised capital at an overwhelming premium of 1400% towards the subscription of this Rights issue. This reiterates the confidence of IIHL s global shareholders, spread across 34 countries, in the decision of IIHL and its subsidiary, IndusInd Limited, to redeem the balance of 75% of the warrants at the price of Rs. 1709/- per share (a huge premium over the current market price of Rs 1059), aggregating to Rs. 2021.45 crores. ....

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Sensex corrects 400 pts on profit selling

Read more about Sensex corrects 400 pts on profit selling on Business Standard. As per the provisional closing data, the S&P BSE Sensex, tumbled 400.34 points or 0.77% at 51,703.81. The Nifty 50 index lost 104.55 points or 0.68% at 15,208.90. ....

United States , Tamil Nadu , Vedji Ticku , Joe Biden , Pharma Us Inc , Pfaudler Group , Deutsche Beteiligungs Ag Fund , Indusind International Holdings , Ministry Of Health , Page Industries , Indusind Bank , Merck Sharp Dohme Corp , Family Welfare , Ind Bank , Ind International Holdings , Rights Issue , Indusind Limited , Deutsche Beteiligungs , Tamil Nadu Government , Merck Sharp , Special Economic Zone , Dighi Port , Resolution Plan , Maharashtra Maritime Board , Lunar New Year , Wall Street ,

Nestle India, Infosys, APSEZ, ICICI Bank in spotlight

Nestle India reported 2.26% rise in standalone net profit to Rs 483.31 crore on 9.16% rise in net sales to Rs 3,417.52 crore in Q4 December 2020 over Q4 December 2019. Nestle India said the board of directors recommended final dividend for the year 2020 of Rs 65.
Infosys McCamish Systems, a US-based subsidiary of Infosys BPM, the Business Process Management arm of Infosys, announced the strategic purchase of a state-of-the-art New Business and Underwriting platform from STEP Solutions Group LLC to ease the complexity of all types of insurance products such as Life, Annuity, and Health, for individuals and groups across North America.
Adani Ports and Special Economic Zone (APSEZ) completed the acquisition of 100% stake of Dighi Port (DPL) for Rs 705 crore on 15 February 2021. APSEZ plans to invest over INR 10,000 Cr to develop the port into a multi-cargo port with world class infrastructure as well as investing in the development of rail & road evacuation infrastructure f ....

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IndusInd Bank promoters raise Rs 2,021 crore at 61% premium

IndusInd Bank promoters raise Rs 2,021 crore at 61% premium
indiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatimes.com Daily Mail and Mail on Sunday newspapers.

Anmol Das , Pritesh Bumb , Prabhudas Lilladher , Indusind International Holdings , Indusind Bank , Ind International Holdings , Indusind Limited , Reserve Bank , Ind Bank , பிரிதேஷ் பிம்ப , பிரபுடச் லில்லாதர் , இந்துசின்த் சர்வதேச ஹோல்டிங்ஸ் , இந்துசின்த் வங்கி , இந்த் சர்வதேச ஹோல்டிங்ஸ் , இந்துசின்த் வரையறுக்கப்பட்டவை , இருப்பு வங்கி , இந்த் வங்கி ,

IndusInd Bank expects Rs 2k cr capital infusion on successful rights issue

IndusInd Bank expects Rs 2k cr capital infusion on successful rights issue
business-standard.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from business-standard.com Daily Mail and Mail on Sunday newspapers.

Sumant Kathpalia , Srichand Hinduja , Ashok Hinduja , Hinduja Group Indusind Bank , Hinduja Group , Indusind International Holdings , Indusind Ltd , International Holdings Ltd , Indusind Bank , Ind International Holdings , Chief Executive Officer Sumant Kathpalia , Yes Bank , சிரிச்ந்த் ஹிஂட்யூவ , அசோக் ஹிஂட்யூவ , ஹிஂட்யூவ குழு இந்துசின்த் வங்கி , ஹிஂட்யூவ குழு , இந்துசின்த் சர்வதேச ஹோல்டிங்ஸ் , இந்துசின்த் லிமிடெட் , சர்வதேச ஹோல்டிங்ஸ் லிமிடெட் , இந்துசின்த் வங்கி , இந்த் சர்வதேச ஹோல்டிங்ஸ் , ஆம் வங்கி ,