Bharti Airtel issues shares worth Rs 246 crore to FCCB holdersFollowing allotment of equity against the foreign currency convertible bond (FCCB) the outstanding principal value of FCCBs at Singapore Ex...
29 Apr, 2024, 10.29 PM IST
Bharti Airtel to allot 38.6 lakh equity shares to certain FCCB holdersBharti Airtel on Friday said it will allot 38.6 lakh equity shares to certain FCCB holders at a conversion price of Rs 518 per equity share...
02 Feb, 2024, 05.37 PM IST
Airtel FCCB holders to get $5.1 million equityAirtel had issued $1 billion 1.5% foreign currency convertible bonds (FCCBs) in January 2020, due in 2025. The bonds were convertible into ...
04 Apr, 2023, 11.55 PM IST
L&T moving court today against RBI plan to write down bondsThe plan may involve an 80% haircut, which L&T isn’t agreeable to.
12 Mar, 2020, 08.10 AM IST
YES Bank AT1 holders postpone case after negotiations begin with RBIIf the draft reconstruction scheme for YES Bank is exercised, Nippon MF will lose Rs 2,500 crore.
11 Mar, 2020, 03.29 PM IST
Videocon to raise Rs 641 crore through FCCBsVideocon Industries will raise USD 97.20 million (about Rs 641 crore) through five year Foreign Currency Convertible Bonds (FCCBs) due in 2...
17 Nov, 2015, 12.51 PM IST
Amtek Auto arm Castex Tech under SEBI lens over price swingsThe Sebi is examining the trading details of Castex after some of the bond holders of the company alleged price manipulation of the stock.
11 Sep, 2015, 04.28 AM IST
- On FCCB conversion promoter holding may fall to 51%: Kamat Hotels
In an interview with ET Now, Kurian Chandy, CFO, Kamat Hotels India Ltd, talks about company's strategies and business plans. Excerpts:
21 Nov, 2011, 02.46 PM IST
- Bombay HC stays admission of winding up petition: Wockhardt
Wockhardt on Wednesday said a division bench of the Bombay HC has granted ad-interim relief to it by staying the admission of a winding up ...
23 Mar, 2011, 04.57 PM IST
- JSL to issue shares worth $4.7 mn in lieu of converted FCCBs
JSL Stainless Ltd said it is in the process of allotting shares worth about $ 4.7 mn upon conversion of foreign currency convertible bonds ...
06 Jan, 2011, 09.34 PM IST
- India Inc goes slow on FCCB route
Fewer Indian companies are raising money through FCCBs this year. They fear they may not be able to convert bonds into shares in the event ...
01 Dec, 2010, 05.12 AM IST
- Wockhardt fails to reach a settlement with FCCB holders
Investors in the company's foreign currency convertible bonds told the Bombay High Court on Wednesday that they want to proceed with the wi...
29 Jul, 2010, 03.33 AM IST
- Aurobindo allots 1.6 lakh equity shares to FCCB holders
Drug maker Aurobindo Pharma today said it has allotted 1.66 lakh shares worth 20 million dollars (about Rs 94 crore) to some of the company...
08 Jun, 2010, 05.51 PM IST
- Banks to take FCCB defaults hit
Local companies beginning to default on payments to FCCB holders - an event which till the other day was considered only a distant possibil...
11 May, 2009, 02.54 AM IST
- Bond holders cash in on the bull run, convert FCCBs into equity
Tata Chem, Reliance Comm, REL, M&M, Sun Pharma Among companies which issued shares.
22 Oct, 2007, 12.00 AM IST
- Interest on EBs to carry withholding tax burden
Exchangeable bonds (EB) will have to carry the burden of withholding tax on interest payments to bond holders.
17 Sep, 2007, 02.28 AM IST
- Govt allows firms to prepay convertible forex bonds
The government has allowed Indian companies to prepay foreign currency convertible bonds, opening a temporary window for such prepayments t...
07 Feb, 2003, 12.42 AM IST