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 […]
The new facility has production capacity of 35 MTPD. This facility is a completely integrated facility.
The Centre is hoping to launch the public issue before approvals for the IPO expire on May 12.
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€).
The rating outlook was removed from Watch with Negative Implications.
Barbeque-Nation Hospitality tumbled 5.90% to Rs 1175.10, amid heavy volumes.
Ramesh Ramanathan hands over baton to Vikram Lalvani. Will continue to guide the company as Chairman.
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