In News
SBI Cards and Payment Services: The company has received approval from the board of directors for its fund raising of Rs 2,500 crore. The company will raise funds by way of issuance of non-convertible debenturess (NCDs) in one or more tranches, on private placement basis.
HLE Glascoat: The company informed exchanges that the board has approved sub-division of existing one equity share of face value Rs 10 each, into fully paid up into five equity shares of Rs 2 each, and also fund raising up to Rs 350 crore.
NMDC: The state-owned mineral producer has fixed a price of lump ore at Rs 4,400 per tonne, and Fines at Rs 3,310 per tonne. These prices are excluding royalty, DMF, NMET, cess, forest permit fee and other taxes.
Shriram City Union Finance: Promoters - Shriram Value Services & others acquired 13.5 lakh equity shares or 2.03 percent stake in the company via open market transactions. With this, their shareholding in the company stands increased to 36.34 percent, up from 34.31 percent earlier.
Pharmaids Pharmaceuticals: Promoter Sadhanala Venkata Rao sold 6.98 percent stake in the company via open market transactions on June 6. With this, Rao's shareholding in the company stands reduced to 15.41 percent, down from 22.39 percent earlier.
Dish TV India: Promoter entity World Crest Advisors LLP offloaded 0.51 percent equity stake in the company via open market transactions. With this, its shareholding in the company stands reduced to 0.05 percent, down from 0.56 percent earlier. Another promoter Direct Media Distribution Ventures also sold 1.53 percent stake in the company and reduced shareholding to 0.56 percent from 2.09 percent earlier.
