The rights issue of the State Bank of India SBI , will open for subscription today, February 18.
SBI is offering one share for every five held in the rights offer which will end on March 3. The bank will raise Rs 16700 Crs through the issue priced at Rs 1,590 a share.
This is the first […]
TATA STEEL Rights : TATA Steel Rights Issue Opens Nov 22
Tata Steel Ltd will raise Rs 9135 cr ($2.3 billion) from a rights issue of equity shares and convertible preference shares, a newspaper advertisement showed on Thursday. The issue, a part of the financing for the takeover of Corus Group, comprises 121.79 million equity shares […]
State Bank of India Rights Issue : SBI Rights Issue
SBI has said it is exploring three to four options to raise funds, including a rights issue, a public offer and preferential share sale.
But Rights issue of SBI is the most possible outcome as govt stake can be maintained and infact chance to increase the stake […]
Hindustan Oil Exploration Company Ltd (HOEC) has informed that the Rights Issue and Allotment Committee of the Board shall be considering the proposal for fixation of the Rights Issue entitlement and the price thereof.
Further the Company has informed that, the said proposal is proposed to be decided by circulation.
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Government to decide on SBI’s rights issue in 2 weeks
Government is likely to take a decision on public sector lender State Bank of India’s proposed plan to raise about Rs 18,000 crore through a rights issue in the next fortnight.
“It is likely that government would take a call on the capital raising plan for SBI […]
Tata Steel today came out with details about its proposed rights issue. Tata Steel has come out with two different unlinked rights issues. One rights issue would be of equity shares and the other rights issue would be of 2% Cumulative Convertible Preference Shares (CCPS). Under the firs rights issue option equity shareholders of Tata […]
