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Ishan Dyes & Chemicals Limited to issue 50 lakh warrants at Rs. 61 per warrant

Ishan Dyes & Chemicals Limited to issue 50 lakh warrants at Rs. 61 per warrant
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PNB launches QIP issue

A special committee of the board fixed floor price for the qualified institutional placement (QIP) issue at Rs 35.51 per share.The capital raising committee of the board of Punjab National Bank (PNB) at its meeting held on Monday, 10 May 2021, authorized the opening of the QIP issue on 10 May 2021.
The Relevant Date for the purpose of the QIP is 10 May 2021 and accordingly the floor price in respect of the aforesaid QIP, based on the pricing formula as prescribed under SEBI ICDR Regulations is Rs 35.51 per equity share, PNB said in a regulatory filing.
The capital raising committee of the bank is scheduled to be held on Friday, 14 May 2021, to consider and determine the issue price, including a discount, if any, for the equity shares to be allotted to eligible qualified institutional buyers, pursuant to the QIP issue. The bank may, at its discretion, offer a discount of not more than 5% on the floor price. ....

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PNB to raise capital from share sale; sets floor price at Rs 35.51 per equity

PTI Photo
Punjab National Bank (PNB) on Monday said its board has approved raising equity capital from qualified institutional investors to enhance its capital base.
For the Qualified Institutional Placement (QIP) purposes, the bank has fixed the floor price at Rs 35.51 per equity share.
The Relevant Date for the purpose of the QIP is May 10, 2021 and accordingly the floor price in respect of the aforesaid QIP, based on the pricing formula as prescribed under SEBI ICDR Regulations is Rs 35.51 per equity share, PNB said in a regulatory filing.
The bank may at its discretion offer a discount of not more than 5 per cent on the floor price. ....

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PNB to raise equity capital from share sale; sets floor price at Rs 35.51

Punjab National Bank (PNB) on Monday said its board has approved raising equity capital from qualified institutional investors to enhance its capital base.
For the Qualified Institutional Placement (QIP) purposes, the bank has fixed the floor price at Rs 35.51 per equity share.
The Relevant Date for the purpose of the QIP is May 10, 2021 and accordingly the floor price in respect of the aforesaid QIP, based on the pricing formula as prescribed under SEBI ICDR Regulations is Rs 35.51 per equity share, PNB said in a regulatory filing.
The bank may at its discretion offer a discount of not more than 5 per cent on the floor price. ....

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Central Bank of India board approves preferential issue to Government of India

Central Bank of India board approves preferential issue to Government of India ....

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