preferential issue

Reliance Infrastructure seeks shareholders’ nod to raise Rs 3,000 crore via QIP

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Reliance Infrastructure seeks shareholders’ nod to raise Rs 3,000 crore via QIP

The Board of Reliance Infrastructure approved raising of Rs 3,014 crore by preferential issue of up to 12.56 crore shares and convertible warrants at a price of Rs 240 apiece. The preferential issue will be made to Risee Infinity, a promoter group company, and to other investors namely Florintree Innovation LLP and Fortune Financial & … Read more

vodafone idea: Vodafone Idea approves Rs 615 crore of share allotment to Nokia, Ericsson via preferential issue

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vodafone idea: Vodafone Idea approves Rs 615 crore of share allotment to Nokia, Ericsson via preferential issue

Vodafone Idea on Thursday approved the first tranche of allotment of over 41.52 crore equity shares worth Rs 615 crores on a preferential basis to Nokia Solutions and Networks India Private Limited and Ericsson India Private Limited, the company said in its filing to the exchanges. The shares were issued at a price of Rs … Read more