The NBFC had earlier announced to raise funds by way of Qualified Institutional Placement (QIP). According to a regulatory filing, the EGM will take place on November 8 to seek members' approval ...

The QIP is expected to result in an equity dilution of approximately 14.33% of the company’s pre-issue capital.

The floor price of the QIP was set at ₹1,019.25 per share which implies 3 per cent premium over Tuesday's closing at ₹988.45 ...

The company set a floor price of Rs 1,019.25 per share, which represents a 3.2% premium over the previous close.

MIT has not commented on developments. According to its most recent regulatory filing for the December 2024 quarter, RBA, ...

CHENNAI: Indian Overseas Bank (IOB) on Thursday launched a qualified institutional placement (QIP) to raise Rs 2,000 crore. This will bring down the Centre's shareholding in the state-run bank.

SpiceJet will operate regular non-stop flights between Delhi and Kathmandu following clearance from Nepal's civil aviation ...

SpiceJet’s stock surged past ₹60 per share following a successful ₹3,000 crore fundraising through a Qualified Institutional ...

Restaurant Brands Asia (RBA), Indian franchisee of the Burger King restaurant brand, has raised Rs5bn ($60m) in a qualified institutional placement (QIP), with the Massachusetts Institute of ...