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Rights Issue
Business  /  Published 19.05.20

RIL details rights offer use

Reliance Industries (RIL) will use almost 75 per cent of the proceeds of its rights issue for the repayment of some of its borrowings, according to the offer document.The oil-to-telecom giant expects ...
By Our Special Correspondent in Mumbai

Business  /  Published 02.07.19

Tata Steel support for Sponge offer

Tata Steel has decided to underwrite up to 90 per cent of the Rs-1,650-crore rights issue of subsidiary Tata Sponge, which opened for subscription on Tuesday.The company informed the bourses that it w...
By Our Special Correspondent in Calcutta

Business  /  Published 25.04.19

Voda rights on target

The mega rights issue of Vodafone Idea was oversubscribed with its promoters committing Rs 18,250 crore even as there was good response from both retail and institutional investors.While the final num...
By Our Bureau in Mumbai

India  /  Published 08.01.20

Kerala rights plea to Yechury

A rights group formed to help two Kerala students arrested and jailed on the charge of distributing Maoist pamphlets have written to the CPM leadership to get the party-led state government to take ov...
By K.M. Rakesh in Bangalore

Business  /  Published 03.06.20

Reliance Industries rights a big draw

The Rs 53,124-crore rights issue from Reliance Industries (RIL), which closed for subscription on Wednesday, has been subscribed more than 1.6 times.Data available from the stock exchanges showed that...
By Our Special Correspondent in Mumbai

Business  /  Published 14.02.20

Kesoram bid to pare debt

The board of Kesoram Industries Ltd will meet on February 18 to consider raising fresh capital by way of a rights issue or preferential allotment.The meeting will take place just a week after announc...
By Sambit Saha in Calcutta

Business  /  Published 20.03.19

Vodafone rights at big discount

The board of Vodafone Idea on Wednesday approved a Rs 25,000-crore rights issue at a sharp discount to the current market price, in an attempt to lure its minority shareholders.India’s largest telec...
By Our Special Correspondent in Mumbai


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