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OCD CONVERSION
Bajaj Hindusthan Sugar close to default: Care RatingsCare Ratings has warned that the company is likely to slip into default, putting lenders led by State Bank of India (SBI) on notice on thei...
Vodafone Idea converts ATC India’s residual OCDs into equityThe conversion follows ATC calling on Vi yesterday to convert the remaining 1,600 OCDs – out of the 16,000 originally issued to it by the t...
ATC to convert Rs 160 crore of Voda Idea bonds into equityAmerican Tower Corp's India unit requests Vodafone Idea to convert remaining debentures into equity shares, potentially giving ATC a 0.2% s...
ATC India asks Vi to convert big chunk of debentures into equityVi, a telecom joint venture between UK's Vodafone Group Plc and India's Aditya Birla Group, said it is taking suitable steps to make the al...
Vodafone Idea completes issuance of OCDs to ATC“With this, the entire transaction of issuance and allotment of 16000 OCDs to ATC, as approved by the shareholders of the Company at its Ex...
Voda Idea issues 12,000 OCDs to ATC Telecom InfraOn Saturday, the shareholders approved the preferential issue of OCDs to ATC on Saturday, amounting to a fund raise of Rs 1,600 crore. This...
Vi issues 12,000 OCDs to ATCOn Saturday, the shareholders approved the preferential issue of OCDs to ATC on Saturday, amounting to a fund raise of Rs 1,600 crore. This...
Vodafone Idea shareholders okay Rs 1,600-crore OCD issue to ATCThe government on February 3 cleared the equity conversion, which gave it a 33.1% stake in the distressed telco, making it the single-large...
Vodafone Idea jumps over 10% ahead of board meeting to mull fundraiseWe wish to inform you that a meeting of the board of directors of the company is scheduled to be held on Tuesday, 31st January 2023, in rel...
Vodafone Idea board to discuss Rs 1,600 cr debenture issue for ATC on January 31The telco has yet again failed to conclude the issuance within the earlier agreed timeline due to the delay in the government converting it...
Shareholders approval for Rs 1,600 cr OCD issue to ATC lapses in absence of govt response: Vodafone IdeaVIL was of the view that by the time of issuing OCDs, the government would have converted the interest from deferment of adjusted gross rev...
- IFCI Q2 net profit down by 34 pc at Rs 131 cr
Financial institution IFCI's net profit declined by 34 per cent to Rs 131.01 crore for second quarter ended September 30.
- Govt stake in IFCI at 55.5% on conversion of bonds into equity
Government stake in Industrial Finance Corporation of India (IFCI) has increased to 55.5 per cent after the company allotted 40 crore share...
- IFCI board approves conversion of Rs 923 crore bonds into equity
IFCI today said its board has decided to proceed with the conversion of Government of India bonds worth Rs 923 crore into equity.
- IFCI tanks as board approves OCD conversion
IFCI Ltd slipped over 3 per cent in afternoon trade after its Board of Directors decided to proceed with the conversion of Optionally Conve...
- IFCI slumps 16% as investors fear fall in earnings per share
Shares of IFCI today plunged over 16%, a day after the govt approved conversion of Rs 923 cr debentures held by it in the co into equity.
- IFCI slips over 14% after govt raises stake to 55.57%
IFCI dropped over 14% after govt approved conversion of Rs 923 cr of debentures held by it in IFCI into equity, which also raised govt’s st...
- Government stake in IFCI goes up to 55.57%
The government approved conversion of Rs 923 cr of debentures held by it in IFCI into equity, following which its stake in the financial in...
- Kingfisher allots equity shares against OCDs
Kingfisher Airlines today said it has alloted equity shares against optionally convertible debentures (OCDs), a development that may help i...
- Redect Consultancy sells 32.5 lakh shares in Kingfisher Airlines
Redect Consultancy today sold 32.5 lakh shares of Kingfisher Airlines for Rs 5.74 crore in an open market transaction.