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NBCC announces issue of bonus shares in 1:2 ratio; to use Rs 90 crore free reserve for this purpose

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NBCC announces issue of bonus shares in 1:2 ratio; to use Rs 90 crore free reserve for this purpose

State-owned NBCC (India) Ltd on Saturday said the board has approved issue of bonus shares in a ratio of 1:2 to eligible shareholders and the company will utilise Rs 90 crore free reserve for this purpose. In a regulatory filing, the company informed that the board has approved issuance of bonus shares and fixation of … Read more

purvankara: Puravankara board approves Rs 1,000 cr fundraising plan via QIP mode

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purvankara: Puravankara board approves Rs 1,000 cr fundraising plan via QIP mode

Puravankara’s board of directors on Thursday approved a Rs 1,000 crore fundraising plan via the qualified institutional placement (QIP) mode in one or more tranches. The Instruments to be issued under QIP could be equity shares or debentures. The Bengaluru-based real estate developer has projects in major Indian cities including Bengaluru, Mumbai, Pune, Goa, Hyderabad, … Read more