Reliance Power board meet on June 13 to consider fund raising
The Board approved seeking approval of the members of the Company for the above proposal through Postal Ballot.
The Board approved seeking approval of the members of the Company for the above proposal through Postal Ballot.
AU Bank intends to use the net proceeds for supporting long-term growth aligned to the bank's internal risk appetite.
Shares of IRB Infrastructure Developers were trading 0.63 per cent higher at Rs 111.35 apiece on BSE.
As per the reports, Canaan Valley Capital and existing investor Sofina Group also participated in this round, the firm.
Ultratech Cement said the proceeds from the issuance will be used to refinance existing rupee debt, with the remainder reserved for regular ongoing capital expenditure requirements and general corporate purposes.
BharatPe group president Suhail Sameer said, “we are incredibly glad that Innoven Capital is our first supporter on this journey."
The Exim Bank, with a substantially dollarised balance sheet, is one of the largest domestic issuers of long-term debt in the international debt capital markets.
The Board of Directors of the company had approved the raising of funds, by way of issuance of NCDs, foreign currency loan or rupee term loan, or in any other manner, in one or more tranches.
Otipy has already raised $ 2 million in 2020 from Inflection Point (IP) Ventures and the Smile Group.
The company will consider raising of funds by way of issue of debt securities in onshore/offshore market.
