The NCDs offer an effective yield of 10.20 per cent per annum for 39-month tenure, 10.42 per cent per annum for 60 months and 10.64 per cent for 120 months
Edelweiss group firm Ecap Equities today bought over 3 per cent stake in Techno Electric & Engineering Company for Rs 97 crore, through open market transactions. Ecap picked up 35 lakh shares, amounting to 3.11 per cent stake in the engineering firm, according to the bulk deal data available with the NSE. Of the 35 lakh shares, 20 lakh were purchased at an average price of Rs 279.11, while 15 lakh were bought at a price of Rs 277.47 apiece. The combined value of the two transactions stood at Rs 97.44 crore. Among the sellers of the shares was J P Financial Services. Techno Electric & Engineering Company's stock ended 9.41 per cent down on the NSE at Rs 258.
Through this partnership, Indifi aims to address growing demand of working capital requirement in MSME segment
Salman Khan made brand ambassador for Indian contingent; life insurance for Indian contingent.