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The company will issue 23,01,641 equity shares at an issue price of Rs132/- per share (inclusive of premium of Rs130/- per share) aggregating to Rs30,38,16,612/- to non-promoters on a preferential basis.

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Financials stocks were trading in green, with the S&P BSE Finance index increasing 13.8 points or 0.18% at 7550.09 at 09:51 IST.

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Banking stocks were trading in the positive zone, with the S&P BSE BANKEX index rising 201.7 points or 0.51% at 39794.65 at 09:51 IST.

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Tata Motors Ltd has lost 18.09% over last one month compared to 13.71% fall in S&P BSE Auto index and 4.16% drop in the SENSEX

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HDFC Bank gained 1.72% to Rs 1,421 after the Reserve Bank of India (RBI) lifted the restrictions on sourcing of new credit cards.

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The government of India’s current shareholding is 51.45%.

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One 97 Communications (Paytm) slumped 11.98% to Rs 682 after the Reserve Bank of India (RBI) has directed Paytm Payments Bank to stop, with immediate effect, onboarding of new customers.

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Merchant dollar demand was far higher than supply as they were already anticipating a stronger dollar and hence may have been holding to long position in dollars

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After opening a SOCE in Udaipur last year, this is the company’s second orthopedic specialty franchise hospital in India.

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