Indian equity markets see strong gains today.
The company said it made amendments to ESOP, which had been approved by both the board and shareholders earlier in the month.
The company is raising Rs 200 crore from the issue at a price of Rs 1000 each. Investors need to apply for a minimum of 10 NCDs in a lot.
The contracts are from Ministry of Defense.
The amount will be used to fund the payout for the voluntary retirement scheme (VRA), which is likely to cost over Rs 200 crore.
The issue comprises fresh issue of equity shares worth Rs 400 crore and an offer for sale of up to 1.33 crore equity shares by a promoter and existing shareholders.
Niranjan Gupta is currently the CFO of Hero MotoCorp.
The collaboration will make procurement and use of hydrogen more efficient at both the companies.
License is for manufacturing the generic version of ViiV's HIV drug.
Vodafone Idea had the highest debt of Rs 1.91 lakh crore.