Sebi's proposal to reduce corporate bonds' face value can enhance retail participation: Nithin KamathSebi in a consultation paper floated the idea of permitting issuers to launch NCDs or NCRPS with the face value of Rs 10,000. The move is a...
11 Dec, 2023, 06.03 PM IST
Alok Industries to raise Rs 3,300 crore from RILIn a regulatory filing, Alok Industries said, "the company is issuing Rs 3,300 crore NCRPS of Re 1 each in one or more tranches on a privat...
08 Nov, 2023, 05.58 AM IST
Music Broadcast could offer quick returnsFor every 10 shares held by public investors as on January 13, company will issue NCRPS of ₹100 a share, which can be redeemed on expiry of...
10 Jan, 2023, 08.42 AM IST
Radio City's scheme for NCRPS gets NCLT approvalIn an order dated December 23, the NCLT accepted the clarifications and undertakings given by Music Broadcast, which runs 39 FM radio stati...
31 Dec, 2022, 10.32 AM IST
Sebi clarifies on 'schemes of arrangement' for entities with listed debt securitiesSebi, in November, had put in place operational guidelines pertaining to "scheme of arrangement" by entities who have listed their debt sec...
09 Dec, 2022, 06.30 PM IST
Sebi issues operational guidelines on 'scheme of arrangement' for entities with listed debt securitiesThe listed entity would have to submit documents, including draft scheme of arrangement, valuation report, fairness opinion on the valuatio...
18 Nov, 2022, 05.53 PM IST
Coffee Day Enterprises' total default at Rs 465.66 crore in second quarter of FY23While for unlisted debt securities such as NCDs (Non-Convertible Debentures) and NCRPS (Non-Convertible Redeemable Preference Shares), the ...
07 Oct, 2022, 03.27 PM IST
FCLs total defaults at Rs 70 cr as of September 30FCL's total financial indebtedness is Rs 436.07 crore, which includes Short -term and long-term debts. This includes Rs 253.90 crore debt f...
06 Oct, 2022, 10.58 PM IST
NCLT restrains RHC Finance from exercising voting rights in Religare EnterprisesReligare Enterprises, under the new management, filed a petition before the NCLT seeking cancellation of 2.5 crore Non-Convertible Redeemab...
30 Sep, 2021, 11.11 PM IST
L&T Finance to make early redemption of non convertible preference sharesWith dividends being tax free in the hands of investors, the post tax return of 8 per cent was far superior to competing products like tax ...
21 Jul, 2021, 09.45 PM IST
Sebi decides to merge debt securities rulesThe move will provide greater flexibility to the issuers for the creation of charge.
30 Jun, 2021, 12.12 AM IST
One more step to a functional bond marketNCRPS are hybrid instruments that carry a fixed dividend rate, are redeemable, and the holder is entitled to voting rights in case the divi...
06 Jun, 2021, 11.26 PM IST
Sebi proposes merger of debt securities rules into single oneThe proposal is aimed at harmonising with the Companies Act, 2013, and maintaining consistency with the Sebi's LODR (Listing Obligations an...
19 May, 2021, 11.27 PM IST
Coronavirus outbreak: Sebi further relaxes compliance norms for listed firmsThe decision has been taken in the wake of the coronavirus pandemic.
23 Mar, 2020, 04.07 PM IST
Tata Sponge to seek EGM nod for preference issue to Tata SteelIn a meeting held on Oct 24, the company’s BoD had approved the issuance of NCRPS.
13 Dec, 2018, 10.52 AM IST
Sebi proposes listed companies disclose payment delaysThe proposal comes against the backdrop of various instances regarding non-compliance with listing norms.
15 May, 2018, 10.20 AM IST
Sebi issues listing norms for NCDs in mergersThe Securities and Exchange Board of India (Sebi) said that the minimum tenure of such securities would be one year.
26 May, 2017, 08.02 PM IST