COMPULSORILY CONVERTIBLE PREFERENCE SHARES
ITC acquires first tranche of shares in Delectable
ITC acquired 100 equity shares of Rs 10 each and 1864 compulsorily convertible preference shares of Rs 10 each.
Raymond to demerge core lifestyle business
Raymond Thursday announced the demerger of its core lifestyle business which will create two separ...
Bharti Airtel's board to discuss funding options on Dec 4
The company has informed the bourses that its board meeting on December 4 would con...
Prestige Group buys 29% stake in DB Realty's Bandra commercial project
Prestige Group is planning to build India’s largest hotel and convention centre on the same land parcel.
Global brokerages raise RIL outlook on move to make Jio debt free
Analysts said the move could be precursor to a stake sale in the digital business.
What are preference shares?
Even though there are a type of equity shares, preference shares combine features of both equity and debt.
Hero Future's stake buy by Abu Dhabi Future Energy gets CCI nod under green channel
The transaction involves acquisition of non-voting compulsorily convertible preference shares in Hero Future Energies.
Piramal Enterprises board okays $770 million fundraise
Piramal said long-term capital will also help absorb shocks and “fortify” the company against the liquidity squeeze.
IndusInd Bank now owns 2.58% in Satin Creditcare
Satin had allotted convertible preference shares to IndusInd at Rs 335.
DLF settles Rs 8,700 crore amount payable to JV with GIC
This deal included sale of 33.34 per cent stake in the DCCDL to GIC for about Rs 9,000 crore and buyback of remaining shares worth about Rs 3,000 crore by DCCDL.
Raymond surges 20% on plans to demerge core lifestyle business
The move will create two separate companies — a new and existing business.
Sebi fines IL&FS Rs 10 lakh for disclosure lapses
IL&FS did not disclose to stock exchange the decision of its board dated July 21,2018 for raising equity capital by way of rights issue.
Adani Transmission gets nod to raise up to Rs 5,000 cr
The shareholders approved the proposal with requisite majority in an annual general meeting held on August 8, as per a BSE filling on Friday.
Stocks in the news: YES Bank, Petronet LNG, Cipla, RCap and Dr Reddy's Labs
Thomas Cook India said it is not related with UK-based Thomas Cook PLC.
JPVL gets shareholders' nod to issue shares worth Rs 4,000 cr to lenders
The firm's board on August 31 had approved the offer.
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