NCLAT dismisses Deccan Value Investors’ plea against Amtek Auto resolution planAmtek Auto, which owed lenders Rs 12,700 crore, was among the first cases referred by the Reserve Bank of India to the National Company Law...
Mortgage lenders of Amtek subsidiary approaches NCLT to protect their rightsThe appeal deals with a part of Amtek Auto’s factory land mortgaged with private lenders KKR India and L&T Finance.
NCLT rejects Deccan Value Investors’ plea against resolution professional of metalyst forgingsNCLT called the plea “malafide” and meant to intentionally delay the approval of its resolution plan by the tribunal.
DVI wants NCLT to cancel Metalyst resolution planUS firm says the plan is not feasible due to ‘misrepresentation of facts & no consensus’
PC Jeweller sinks for 5th session, down 15%There are rumours in the market that promoter stake in the company might have fallen by 1-2 per cent.
Lock-in for Pre-IPO buyers ends; RBL Bank stock up 4%More than 20 million shares were traded on BSE, about 12 times higher than the previous two weeks' average.
Government may reduce charges on card paymentsFinance Minister Arun Jaitley told Parliament earlier this month that the RBI is working to reduce the MDR for debit card transactions abov...
PC Jeweller to raise up to Rs 257 crore from US-based FidelityIn May, the national capital-based firm had raised Rs 427 crore from DVI Fund Mauritius by allotting it compulsorily convertible debentures.
Private equity fund Faering Capital eyes bumper exit in RBL IPOFaering is among the top five shareholders in the bank and the largest Indian private equity fund along with leading global institutions
PC Jeweller raised Rs 427 crore from DVI Fund Mauritius for business expansionIn a filing to the BSE PC Jeweller said that the board of the company in its meeting allotted compulsorily convertible debentures with face...
PC Jeweller seeks shareholders nod to raise Rs 427 crorePC Jeweller has sought shareholders' approval to raise up to Rs 427 crore through issuance of debentures to DVI Fund Mauritius for expansio...
PC Jeweller to raise up to Rs 427 crore via debentures'The US-based DVI Mauritius is our existing investor and has around 4 per cent stake in the company. This new round of infusion shows their...
PE funds in talks to form a consortium to pick up stake in Catholic Syrian BankPrivate equity funds are in talks to form a consortium to pick up 25-35% of Thrissur-based Catholic Syrian Bank (CSB).
Investors oppose NSE's business rejig plansThese investors - who together hold nearly 20 per cent stake - have also asked the exchange to move an in-principle application before Sebi...
RBL Bank raises Rs 488 crore via pre-IPO preferential placementThe latest round of fundraising values the Kolhapur-headquartered bank, formerly known as the Ratnakar Bank Limited, at nearly Rs 6,500 cro...
RBL scoops up Rs 500 crore, value balloons to 75% of Bank of IndiaRBL has been valued at nearly 3/4ths the market cap of public sector biggie Bank of India in a pre-IPO round led by ADB and existing invest...
- PC Jeweller allots shares worth Rs 91 crore to anchor investors ahead of IPO
PC Jeweller has finalised allocation of 6,716,250 equity shares to investors at Rs 135 a piece, the upper end of the price band for the IPO...