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Ramesh Ramanathan hands over baton to Vikram Lalvani. Will continue to guide the company as Chairman.

On 6 April 2022

The rating outlook was removed from Watch with Negative Implications.

The new facility has production capacity of 35 MTPD. This facility is a completely integrated facility.

EHFL announced the public issue of Secured Redeemable Non-Convertible Debentures (NCDs) of the face value of Rs1,000 each, amounting to Rs1,500 million (“Base Issueâ€), with an option to retain over-subscription up to Rs1,500 million aggregating to a total of ₹3,000 million (“Issueâ€).

IIFL Finance has bought back $50 million worth of overseas bonds at par, funded by a corresponding loan of the same amount from a global bank, which will reduce its cost of funds by approximately 225 basis points on this transaction. IIFL Finance had raised $400 million through its maiden overseas bonds issue in February 2020 at an effective issue price of $998.75 per $1000 […]

Power stocks were trading with gains, with the S&P BSE Power index increasing 65.44 points or 1.47% at 4507.06 at 09:51 IST.

Utilties stocks were trading with gains, with the S&P BSE Utilities index rising 58.64 points or 1.55% at 3843.73 at 09:51 IST.

Barbeque-Nation Hospitality tumbled 5.90% to Rs 1175.10, amid heavy volumes.

The Centre is hoping to launch the public issue before approvals for the IPO expire on May 12.