Preferential Allotment
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"Arbitrary": Supreme Court On Preferential Land Allotment Policy For 'Privileged'
The Supreme Court on Monday quashed the government orders facilitating preferential land allotments to MPs, MLAs, bureaucrats, judges and journalists within the Greater Hyderabad Municipal Corporation limits, saying it was "capricious".
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LT Foods Raises Rs 390 Crore Through Preferential Allotment Of Shares To Saudi Firm
LT Foods Ltd on Thursday said it has raised nearly Rs 390 crore by selling shares to Saudi Agricultural and Livestock Investment Company (SALIC) through private placement.
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Parag Milk Foods Raises Rs 131 Crore Via Preferential Allotment
Parag Milk Foods Ltd on Wednesday announced that it has raised a total of Rs 131 crore through preferential allotment from marquee investors and promoters.
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SEBI Overhauls Preferential Allotment Rules
SEBI has relaxed pricing norms and lock-in requirements to make it easier for companies to raise funds through preferential allotment of shares
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Sterling And Wilson Surges Over 8% As RIL Buys Stake
Reliance New Energy Solar Ltd (RNESL), a subsidiary of Reliance Industries, will first acquire 15 per cent in Sterling & Wilson by way of a preferential allotment of 2.93 crore shares at Rs 375 per share
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Nazara Tech Raises Rs 315 Crore From Marquee Investors
Gaming and sports media platform Nazara Technologies on Wednesday announced that its board has approved a preferential allotment of fresh equity to raise Rs 315.30 crore from marquee institutional investors.
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HDFC Life Surges Ahead Of Board Meet To Consider Preferential Allotment
HDFC Life's board will meet tomorrow, September 3, to consider issue of equity shares or other securities of the company by way of preferential allotment.
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Allahabad Bank, UCO Bank, Indian Overseas Bank Get Rs 8,655 Crore Fund Infusion
"We wish to inform that the Bank has received via letter on December 26 a sanction from Government of India for release of Rs 4,360 crore towards contribution of the Central Government in the preferential allotment of equity shares (Special Securities/Bonds) of the Bank during the financial year 2019-20 as Government's investment," Indian Overseas ...
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Etihad Proposes To Increase Its Stake To 49% In Jet Airways
With the Sebi formula for preferential allotment seen as unrealistic and unworkable, Etihad has proposed a rights issue worth $500 million.
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PNB Board Approves Rs 5,431-Crore Capital Infusion From Government
PNB said the capital infusion by the Centre would be through the preferential allotment of the bank's equity shares at a price determined as per Sebi regulations. The extraordinary general meeting (EGM) for obtaining shareholders' approval in this regard will be held on October 30, PNB said.
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Fortis Accepts Malaysia's IHH Healthcare Investment Bid For 4,000 Crores
Northern TK Venture Pte Ltd, Singapore, a unit of IHH, will be issued 235.3 million new Fortis shares through a preferential allotment, giving it roughly 31 per cent of the company's total voting equity share capital.
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Zee Learn To Invest Rs 200 Crore In Over 44% Stake In MT Educare
Zee Learn is investing through a preferential allotment of equity shares for a stake of 44.53% in the expanded share capital of MT Educare
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UBI To Get Rs 418-Crore Capital From Government
Last September, the bank had received Rs 608 crore from the central government through preferential allotment of equity shares.
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Government Permits 12 PSU Banks To Raise 3,000 Crores
The Finance Ministry granted approval to 12 proposals of PSBs to raise a sum of Rs 2,914.038 crore through preferential allotment and permission given to raise Rs 200 crore by United Bank of India through QIP mode.
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Capital First Gets Board Approval To Raise Rs 340 Crore
The company said the special resolution for raising Rs 340 crore on a preferential basis by allotting 47.8 lakh shares to Caladium Investment was passed with majority at the board in its extraordinary general meeting.
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"Arbitrary": Supreme Court On Preferential Land Allotment Policy For 'Privileged'
The Supreme Court on Monday quashed the government orders facilitating preferential land allotments to MPs, MLAs, bureaucrats, judges and journalists within the Greater Hyderabad Municipal Corporation limits, saying it was "capricious".
-
LT Foods Raises Rs 390 Crore Through Preferential Allotment Of Shares To Saudi Firm
LT Foods Ltd on Thursday said it has raised nearly Rs 390 crore by selling shares to Saudi Agricultural and Livestock Investment Company (SALIC) through private placement.
-
Parag Milk Foods Raises Rs 131 Crore Via Preferential Allotment
Parag Milk Foods Ltd on Wednesday announced that it has raised a total of Rs 131 crore through preferential allotment from marquee investors and promoters.
-
SEBI Overhauls Preferential Allotment Rules
SEBI has relaxed pricing norms and lock-in requirements to make it easier for companies to raise funds through preferential allotment of shares
-
Sterling And Wilson Surges Over 8% As RIL Buys Stake
Reliance New Energy Solar Ltd (RNESL), a subsidiary of Reliance Industries, will first acquire 15 per cent in Sterling & Wilson by way of a preferential allotment of 2.93 crore shares at Rs 375 per share
-
Nazara Tech Raises Rs 315 Crore From Marquee Investors
Gaming and sports media platform Nazara Technologies on Wednesday announced that its board has approved a preferential allotment of fresh equity to raise Rs 315.30 crore from marquee institutional investors.
-
HDFC Life Surges Ahead Of Board Meet To Consider Preferential Allotment
HDFC Life's board will meet tomorrow, September 3, to consider issue of equity shares or other securities of the company by way of preferential allotment.
-
Allahabad Bank, UCO Bank, Indian Overseas Bank Get Rs 8,655 Crore Fund Infusion
"We wish to inform that the Bank has received via letter on December 26 a sanction from Government of India for release of Rs 4,360 crore towards contribution of the Central Government in the preferential allotment of equity shares (Special Securities/Bonds) of the Bank during the financial year 2019-20 as Government's investment," Indian Overseas ...
-
Etihad Proposes To Increase Its Stake To 49% In Jet Airways
With the Sebi formula for preferential allotment seen as unrealistic and unworkable, Etihad has proposed a rights issue worth $500 million.
-
PNB Board Approves Rs 5,431-Crore Capital Infusion From Government
PNB said the capital infusion by the Centre would be through the preferential allotment of the bank's equity shares at a price determined as per Sebi regulations. The extraordinary general meeting (EGM) for obtaining shareholders' approval in this regard will be held on October 30, PNB said.
-
Fortis Accepts Malaysia's IHH Healthcare Investment Bid For 4,000 Crores
Northern TK Venture Pte Ltd, Singapore, a unit of IHH, will be issued 235.3 million new Fortis shares through a preferential allotment, giving it roughly 31 per cent of the company's total voting equity share capital.
-
Zee Learn To Invest Rs 200 Crore In Over 44% Stake In MT Educare
Zee Learn is investing through a preferential allotment of equity shares for a stake of 44.53% in the expanded share capital of MT Educare
-
UBI To Get Rs 418-Crore Capital From Government
Last September, the bank had received Rs 608 crore from the central government through preferential allotment of equity shares.
-
Government Permits 12 PSU Banks To Raise 3,000 Crores
The Finance Ministry granted approval to 12 proposals of PSBs to raise a sum of Rs 2,914.038 crore through preferential allotment and permission given to raise Rs 200 crore by United Bank of India through QIP mode.
-
Capital First Gets Board Approval To Raise Rs 340 Crore
The company said the special resolution for raising Rs 340 crore on a preferential basis by allotting 47.8 lakh shares to Caladium Investment was passed with majority at the board in its extraordinary general meeting.
