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Morepen Laboratories to raise over Rs 433 cr via issuance of shares on preferential basis

Morepen Laboratories to raise over Rs 433 cr via issuance of shares on preferential basis
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Drug firm Morepen Laboratories on Wednesday said its board has approved raising over Rs 433 crore through issue of shares to Switzerland s private venture capital firm Corinth Investment Holdings and Liquid Holdings, a promoter group of the company, on preferential basis.
The board of directors of the company considered and approved issue and allotment of up to 10.85 crore equity shares on a preferential basis, Morepen Laboratories said in a regulatory filing.
Morepen Laboratories board has approved issue of up to 5 crore equity shares to Liquid Holdings, an entity belonging to the promoter group of the company, at a price of Rs 38 per equity shares, for an aggregate amount of up to Rs 190 crore. ....

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BoI to allot preferential shares to govt for ₹3,000cr capital infusion

BoI to allot preferential shares to govt for ₹3,000cr capital infusion
Bank of India shares closed at ₹67.25 apiece on BSE, down 3.72% from the previous close.
(Photo: Mint)Premium
. Updated: 05 Apr 2021, 04:45 PM IST PTI
Bank of India today said it has convened an EGM of shareholders this month for seeking approval to the allotment of preferential shares to the government for ₹3,000 crore
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NEW DELHI :
State-run Bank of India on Monday said it has convened an extra-ordinary general meeting (EGM) of shareholders this month for seeking approval to the allotment of preferential shares to the government for ₹3,000 crore. ....

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Thomas Cook: Thomas Cook India plans to raise up to Rs 450 crore

The company s board has approved issuance of up to 45,00,00,000 OCCRPS of face value of 10 each to Fairbridge Capital (Mauritius) Ltd, the promoter of the company. ....

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