The bank said it may offer a discount of not more than 5 per cent on the floor price to the subscribers of the issue.
The Γ’β¬ΛESGΓ’β¬β’ (Environment Social Green) tag should lower the coupon in this round of offering by about 15 basis points, compared with the usual AT1 sales by similarly rated entities, four people familiar with the matter told ET.
This round of funding is being led by funds advised by Affirma Capital who will invest Rs 300 crore out of a total round of Rs 350 crore, a statement said.
The company had touched the Rs 13 lakh crore valuation level on August 17, when its market capitalisation (m-cap) stood at Rs 13,14,051.01 crore.
In its order, Sebi found that Capital First did not make requisite disclosures about the encumbrances on shares of DCHL held by them to the stock exchanges and DCHL.
Think India Opportunities Master Fund sold 616,553 shares of Capacite Infraproject at Rs. 144.6 apiece through a bulk deal on the National Stock Exchange. The fund had on Tuesday sold 1.4 million shares of the company through a bulk deal.
The online festive season sales, which starts from Navratri and goes on till Dhanteras, is the largest revenue grosser in Indian ecommerce.
Tata Sons profit more than doubled in fiscal 2021 on the back of gains made from participating in the share buyback programme of TCS. Profit zoomed 142% to Rs 6,512 crore from Rs 2,680 crore in FY20.
To make the record-keeping process related to securities traded in the market more secure, Sebi on Wednesday asked depositories to use distributed ledger technology Γ’β¬β popularly called blockchain technology Γ’β¬β to record and monitor credit ratings of non-convertible debentures (NCDs)
P&G Hygiene and Health Care reported a 29.2 per cent decline in its net profit at Rs 48.98 crore for the quarter ended June 2021. The company follows the July-June fiscal.
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