Page 5 - Rights Issue

Dhanlaxmi Bank planning to raise Rs 127 crore via rights issue this month

The bank's capital adequacy ratio fell below 13% in the March quarter and capital raised via the rights issue is expected to boost it by 50 bps

Asian Granito files draft letter of offer for Rs 500 crore rights issue

Plans to raise funds to fuel capacity expansion, foray into sanitary ware, surface flooring

PNB Housing Finance to raise up to Rs 2,500 cr via rights issue

In October 2021, PNB HFC dropped plans for a preferential issue of equity shares to raise Rs 4,000 crore from a group of investors led by private equity fund Carlyle

Airtel board to decide on fund raising via preferential route on Friday

The plan comes ahead of proposed 5G spectrum auction and is the second such exercise in three months. Last October the firm raised about Rs 21,000 cr via a rights issue

419 million shares of RIL rights issue to commence trading on Friday

These shares-issued as part of the Rs 53,124-cr rights issue last year-have become fully-paid up after payment of final tranche last month

Texmaco Rail & Engineering rights issue oversubscribed 1.35 times

The Kolkata-headquartered company, in an exchange filing, said the rights issue closed for subscription at 5 pm on Thursday

Second and final call payment opens for RIL's Rs 53,124 cr rights issue

The holders of its partly-paid shares will have to pay Rs 628.5 by November 29

Reliance makes final call for payment on rights issue

To assist investors on the issue, Reliance has re-activated WhatsApp Chatbot

Airtel garners over Rs 5,200 cr from first round of payment in rights issue

This implies that Airtel has raised an estimated Rs 5,243 crore from the initial tranche

RIL rights issue final call of Rs 628.5 per unit payable between Nov 15-29

The Mukesh Ambani-led promoter group will have to pay over Rs 13,000 crore as part of final call. RIL has already collected Rs 628.5 in two equal tranches of Rs 314.25 so far

Dish TV Rs 1,000 cr rights issue critical for survival: Company executive

The rights issue is critical for the survival of the DTH company, its top official said

Bharti Airtel rights entitlement hits 40% upper circuit at Rs 204.50

The stock opened at Rs 191, a 31 per cent premium over its intrinsic value, which is the difference between Bharti Airtel share price and rights issue price of Rs 535

Sebi extends relaxations for compliance with norms on rights issues

Markets regulator Sebi on Friday extended relaxations for companies with regard to compliance with procedural norms on rights issues opening till March 31, 2022

Airtel's rights issue open Oct 5-21, priced at 26% discount to last close

Eligible shareholders will be able to apply for one share for every 14 shares held

Airtel jumps 8% in 2 days on Rs 21,000 cr fundraise, Google investment talk

According to media report, Google is now in talks to make large investments in Airtel

Tariff hike only way; we won't shy away: Bharti Airtel's Sunil Mittal

The company stock reacted positively on Monday, ending 4.44 per cent up at Rs 620.35 on BSE

Airtel rights entitlement price could be Rs 60-70 per share: Analysts

Airtel on Sunday announced a fund raise of Rs 21,000 crore by way of rights issue

Bharti Airtel shares gain over 4% on Rs 21,000-cr fundraising plan approval

Shares of Bharti Airtel on Monday gained over 4 per cent after the company's board approved raising up to Rs 21,000 crore by way of rights issue

Indian Hotels to raise Rs 3,000 cr via rights issue for capex, pruning debt

Tata Group's hospitality arm has been using rights issues for fund raising regularly. It raised Rs 1,500 cr in April 2017, Rs 1,000 cr in January 2016 and Rs 844 crore in Feb 2008

Kesoram scraps preferential allotment, plans rights issue

The decision was taken in deference to the views and intent expressed by a cross section of shareholders