IIFL Finance plans ₹1,272 cr rights issue at 29% discount
The company will issue 4.23 crore rights shares at ₹300 per share, a 28.9% discount to the last closing price of ₹421.70 apiece on the BSE.
rights issue
April 2024
January 2024
October 2023
October 2022
September 2022
April 2020
Cash-strapped BYJU’s to raise $200 million via rights issue
Despite facing crises on various fronts, BYJU's founder says the start-up is now less than a quarter away from achieving operational profitability
Grasim Ind shares rise 2% on ₹4,000 cr rights issue plan
The capital raised through rights issues will be used to establish Grasim as India’s second largest decorative paints player.
Suzlon Energy’s ₹1,200 cr rights issue oversubscribed 1.8x times; share rises 3%
Suzlon issued 240 crore partly paid‐up equity shares at a price of ₹5 apiece to the eligible equity shareholders of the company, which was subscribed by 1.8 times.
Suzlon Energy shares rise 5% on plan to raise ₹1,200 crore via rights
The funds raised through the rights issue will be used for repayment of a portion of outstanding borrowings and to meet general corporate purposes.
RIL Q4 net profit down 37%
Despite a weak business outlook, RIL looks well-poised to progress on its debt reduction plans with Jio Platforms likely to see another Facebook-like deal and a rights issue.
