Page 6 - Share Sales

China's Xiaomi eyes up to $4 billion in stock, convertible bonds offering

The proceeds from the equity placement will be used for business expansion.

AU Small Finance Bank sells 3.5 mn Aavas Financiers shares worth Rs 530 cr

According to bulk deal data available on the BSE, AU Small Finance Bank offloaded a total of 35,00,000 shares at an average price of Rs 1,515.16 per share. This values the deal at Rs 530.30 crore

Hulst B V, promoter of Coforge, sells shares worth over Rs 878 crore

Hulst B V, the promoter of IT firm Coforge Ltd, on Monday sold 38 lakh shares of the company for more than Rs 878 crore.

Vanguard Group buys Deepak Nitrite shares worth Rs 101 cr at Rs 839 a share

Shares of Deepak Nitrite on Monday closed 4.61 per cent lower at Rs 814.5 on the NSE

Three entities sell Amber Enterprises shares worth over Rs 694 cr

As per NSE''s bulk deal data, promoter of Amber Enterprises, Kartar Singh, offloaded 275,000 shares of the firm for Rs 50.63 crore

Two promoters of Max Healthcare Institute sell shares worth over Rs 515 cr

Through separate transactions, Wf Asian Reconnaissance Fund and Smallcap World Fund Inc picked up 77 lakh shares and 2.37 crore scrips of Max Healthcare Institute, respectively

SBI, PNB, BoB may go for share sale in FY21 to shore up capital: Report

According to the sources, banks would get a better picture about their Non-Performing Assets (NPAs), one-time loan restructuring and consequent ratings latest by the end of October

Covid-19 impact: IndiGo to raise up to $534 million through share sale

The company had also announced separate plans to raise at least $268 million through the sale and leaseback of planes and other assets

Alibaba Health raises $1.3 bn in Hong Kong's secondary share sale

The size of the deal was increased by 25% during the institutional bookbuild overnight on high demand from investors

Chinese firms take record 50% of global equity raised in first half of 2020

China-based companies sold shares worth $32.1 billion in January-June including multi-billion-dollar secondary listings in Hong Kong

Stocks zoom despite record equity issuances, beating historical trend

Trend challenges theory that large share sales suck out secondary market liquidity, say analysts.

Share sales in listed firms at record high of $4.4 billion this month

Companies and shareholders across Asia have been taking advantage of a market rebound since late March to sell shares

From April 1, shares can be transferred in demat form only: Sebi

In December 2018, the watchdog extended the deadline for transfer of shares of listed companies only in dematerialised (demat) form to April 1

Nexus between governance & share value

The day is not far when the announcement of governance scores and movements on ESG indices trigger buy-sell decisions of investors

Record share sales bring banks little cheer in the way of fees

Main stock indexes surged almost 30% in 2017 as investors bet on economic reform and corporate earnings recovery