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

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

Sai Swami Metals & Alloys SME IPO to open on April 30, price fixed at Rs 60 per share

Sai Swami Metals & Alloys SME IPO to open on April 30, price fixed at Rs 60 per share

Stainless steel products maker Sai Swami Metals & Alloys Ltd will hit the capital market on April 30 to raise around Rs 15 crore from public investors. The initial public offering of the company will open for subscription on the SME platform of BSE on Tuesday and will close on May 3, the company said … Read more