Piramal Enterprises's (PEL's) Rs 3,000 crore fundraising is through debentures.
The NCDs will be listed on the Wholesale Debt Market segment of the BSE.The finance committee meeting of the company held a meeting on Monday.
Sebi is likely to allow corporate houses to treat unlisted non-convertible debentures as 'term loans'.
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The quantum of funds to be raised or the purpose of fund raising has not been disclosed in the intimation.
RIL will consider fundraising by issuing listed, secured/unsecured and redeemable non-convertible debentures on a private placement basis
Adani Ports arm has raised Rs 125 crore today by allotment of 1,250 rated, listed, secured, redeemable, non-convertible debentures (NCDs) of the face value of Rs 10,00,000 each
The NCDs are proposed to be listed on the wholesale debt market segment of the BSE
A total of 6,700 non convertible debentures of face value Rs 10,00,000 each would be issued
The fund raising is to meet the funding of capex and financing of normal business activities
The issuance is pursuant to the approval of the board of directors' resolution passed at its meeting held on October 25, 2019
Upgrade reflects improvement in JSPL's business risk profile over medium term
The coupon rate for the issue will be 7.65 per cent per annum, the filing added.
The company has presence across India, South Africa, Namibia, Australia and Ireland
Vodafone Idea AGR dues as estimated by the Department of Telecom stands at a cumulative Rs 53,038 crore, including Rs 24,729 crore of SUC dues and Rs 28,309 crore in licence fee
NCDs are debt instruments that can't be converted into equity or stocks. If you are someone who wants to get a piece of this pie, you need to choose the right one for you
The base size of the issue is Rs 500 crore with an option to retain oversubscription up to Rs 1,500 crore
The company will hold a meeting of its committee of directors on Wednesday on this issue
The shares of Manappuram Finance were trading at Rs 172.35, down 0.14% on BSE