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.

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

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.

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 ...