Latest Updates Around The World
Adani Enterprises will spread the proposed rights issue of up to ₹25,000 crore (its largest ever fundraising) over four equal tranches and a period of six to eight months, sources aware of the development said.The company plans to use a significant portion of the rights issue to repay shareholder loans extended by the promoter. This […]
Adani Enterprises, the flagship company of the Adani Group, on Tuesday, November 4, announced that its board has agreed to raise up to Rs 25,000 crore through a rights issue of partially paid shares of face value of Re 1 each. The offer will be made to eligible equity shareholders as of the record date, […]
Utkarsh Small Finance Bank plans to allot shares to a group of investors, including a fund house run by Madhusudan Kela, the Massachusetts Institute of Technology and HDFC Life, through a rights issue of Rs 949 crore, the lender said on Friday. The other investors include FLC Investco, Kotak Mahindra Life Insurance and ICICI Prudential […]
