Mumbai: Indiabulls Housing Finance on Sunday announced plans to raise ₹3,693 crore through a rights issue of equity shares with a face value of ₹2 each. The decision follows the approval by the company‘s board of directors during their meeting on January 17, 2024. The company’s Securities Issuance and Investment Committee of the Board (SIIC) … Read more
NEW DELHI: Cash-strapped Lakshmi Vilas Bank (LVB) on Monday said its board will meet later this week to consider issuance of shares on rights basis to existing shareholders. “A meeting of the board will be held Thursday, October 15, 2020 to consider and approve the issue of securities of the bank to existing shareholders of … Read more
MUMBAI: At a time when the cinema screens across the country are closed for over four months, India’s leading multiplex chain, PVR, has completed its Rs 300 crore rights issue, which was oversubscribed by 2.24 times. One of the most successful rights issues in the last 15 years in India, it showed the confidence the … Read more