preferential issue

Tilaknagar to raise Rs 2,296 crore via preferential issue for Imperial Blue buy

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Tilaknagar to raise Rs 2,296 crore via preferential issue for Imperial Blue buy

Tilaknagar Industries said its board has approved a preferential issue of securities (equity shares and warrants) worth Rs 2,296 crore to fund its recent acquisition of Imperial Blue whiskey from Pernod Ricard. The issue price will be Rs382 per security and 44 investors are participating in this issue, including promoters and existing investors. On Tuesday, … Read more

Restaurant Brands Asia shares rally 3% as co to consider fundraising through QIP

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Restaurant Brands Asia shares rally 3% as co to consider fundraising through QIP

Shares of Burger King-operator Restaurant Brands Asia (RBA) today rose 3% to their day’s high of Rs 84.56 on the BSE after the company announced that its board will meet on Friday to consider raising of funds via a preferential issue, qualified institutions placement (QIP) or other methods. “Pursuant to Regulation 29(1)(d) of the SEBI … Read more