Searched for
POONAWALLA FINCORP DEAL
Time for long-term investors to look at them again? 9 NBFC stocks with upside potential of up to 22%The reason NBFC stocks reacted quickly to the easing of the US-Iran war risk is not difficult to understand. For a lender, macro relief tra...- Adar Poonawalla’s Rising Sun Holdings buys office space in Pune for Rs 395 croreRising Sun Holdings, co-owned by Adar Cyrus Poonawalla, has acquired a large office space in Pune's Hinjewadi IT hub for Rs 395 crore. The ...
- Promoter Rising Sun Holdings buys 0.5% stake in Poonawalla Fincorp for Rs 200 crorePromoter Rising Sun Holdings Pvt Ltd has acquired a 0.5% stake in Poonawalla Fincorp for around Rs 200 crore through the open market on Wed...
- Aditya Birla MF, Plutus Wealth pick stake in this NBFC stock via block dealAs of March end, the domestic mutual fund held a 1.3% stake in the company.Plutus Wealth Management bought 50,00,000 shares or 0.6% stake f...
- Poonawalla Fincorp well capitalised to touch Rs 50,000 cr AUM in 5 years"Going forward, we will only focus on organic growth in our current and proposed line of business. We will continue to build a strong retai...
- Poonawalla Housing Finance to be sold to Perseus SG Pte Ltd for Rs 3,900 croreThe decision was in line with the company's plan to focus on consumer & MSME financing. The Poonawalla Fincorp board approved the deal Wedn...
- Poonawalla Fincorp to sell housing fin arm to TPG Global for Rs 3,900 croreThe sale of the business is expected to enhance shareholders’ value in the long term, as Poonawalla Fincorp focusses on building a tech-led...
- This Adar Poonawalla-backed NBFC becomes D-Street’s ‘darling’; can the tag last long?The number of mutual funds holding the stock in their portfolio has doubled since May, data on Trendlyne showed. Aditya Birla Sun Life Smal...
- Sebi revokes securities market ban on Poonawalla Finance's MD Abhay Bhutada in insider trading caseSebi conducted a detailed investigation in the matter to ascertain the violations of securities laws, if any. Pursuant to the investigation...
- KPMG drops partner named in Magma insider trading caseKPMG India has terminated the services of Saumil Shah, one of its partners. The consulting firm took this step after Shah was named in an i...
- Sebi bars Abhijit Pawar over insider trading allegationsIndia's capital-markets regulator has barred Abhijit Pawar, nephew of Nationalist Congress Party chief Sharad Pawar, from dealing in securi...
- Poonawalla Fincorp slides further 5% on MD’s resignationAbhay Bhutada resigned from the non-banking finance company (NBFC) a day after the Securities and Exchange Board of India (Sebi) barred him...
- Poonawalla Fincorp's Managing Director, Abhay Bhutada, resigns after SEBI actionBhutada will step down with immediate effect after the company's board accepted his Bhutada’s resignation, the company said in a statement ...
- Sebi bars Poonawalla Fincorp MD, 7 others from dealing in securitiesThe regulator has impounded the bank accounts of these individuals to the extent of Rs 13.58 crores.
- Adar Poonawalla’s finance company buys 13-floors in Pune office tower for Rs 464 crThis is one of the largest office space transactions in Pune in recent times. With this, Poonawalla Finance now owns an entire wing of the ...
- CCI clears Magma HDI stake sale to MS, ICICI Venture and Poonawalla GroupMagma HDI had in March announced a deal worth Rs 525 crore, including a primary capital raise of Rs 250 crore, involving funds managed by I...
- CCI approves Rising Sun Holdings’ acquisition of 60% stake in Magma FincorpAccording to a combination notice filed with the regulator, the transaction involves acquisition of 60 per cent stake by Rising Sun Holding...
- Magma Fincorp shareholders approve Rs 3,456 cr share issue to promoters, Poonawalla coMagma Fincorp operates in retail finance, SME finance, housing finance and general insurance business. It has been catering for three decad...
- Adar Poonawalla-led Rising Sun Holdings notifies CCI of Magma Fincorp DealThe deal which involves the preferential allotment of shares worth Rs 3,206 crore, would give RSHPL a controlling stake in the non-banking ...
- Adar Poonawalla group firm makes open offer to buy additional stake in Magma FincorpEarlier this month, the Poonawalla Group and Magma Fincorp announced that the group will acquire a controlling 60 per cent stake in the com...
Load More
