News Flashes

IDBI raised Rs 450 mn via Commercial Paper

14th October 2005: Industrial Development Bank of India Home finance Ltd raised Rs 450 mn on Thursday through a five-month commercial paper issue, the company's assistant general manager, Mayank Bhandhari, said. The paper was placed with mutual funds at 5.90%. The term starts on Oct. 18 and Oct. 19. The issue has been rated 'A1+' by ICRA Ltd., indicating highest safety. IDBI Home finance is a subsidiary of state-run Industrial Development Bank of India.

Online Media - Open Offer

8th October 2005: Ashika Capital Ltd ("Manager to the Offer") for and on behalf of Savera Construction Pvt Ltd ("Acquirer") has issued this Public Announcement ("PA"), pursuant to Regulations 10 & 12 in compliance with the Securities & Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 1997 and subsequent amendments thereto ("Regulations"), as below:

The Offer:

The Acquirer is now making an Open Offer to the shareholders of Online Media Solutions Ltd ("Target Company"), to acquire up to 21,00,860 Fully paid up equity shares of Rs 10/- each representing 20% of the Subscribed Share capital and 20.04% of Voting Capital, at a price of Rs 2/- per share ("Offer Price"), payable in cash.

Schedules of Activities :

Specified Date : October 17, 2005

Date of Opening of the Offer : November 23, 2005

Date of Closing of the Offer : December 12, 2005

Federal Bank to offer equity shares

24th August 2005: Federal Bank Ltd on Tuesday said it will issue two crore equity shares for its Global Depository Receipts offering. The board of directors have approved the issue, offer and allotment of up to two crore equity shares of Rs 10 each (including green shoe option) for issuance of GDRs in foreign countries, Federal Bank informed the Bombay Stock Exchange. The GDRs will be listed on a stock exchange outside India on a price to be determined, in accordance with all applicable rules and regulations, it said.

IFSL to raise $100mn via ADRs/GDRs

21st August 2005: IFSL, a non-banking finance company, is planning to raise $100 million through the issue of American Depository Receipts (ADRs), Global Depository Receipts (GDRs) or any other form of convertible securities. This was stated by the company in a release issued to the BSE. The board has also given approval for issue of 80 lakh equity shares on private placement basis, the release added.

Facts Securities - Open Offer

13th August 2005: Chartered Capital & Investment Ltd ("Manager to the Offer") on behalf of Mr. Rajiv Kashyap ("Acquirer"), pursuant to Regulation 10 and Regulation 12 as required under the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 1997 ("SEBI (SAST) Regulations, 1997") and subsequent amendments thereto has announced as below:

The Offer

The Acquirer intend to make on Open Offer in terms of the SEBI (SAST) Regulations, 1997 to the shareholders of Facts Securities Ltd ("Target Company") to acquire 10,09,560 equity shares of Rs 10/- each representing 20.00% of the total paid up capital / voting share capital of the Target Company at a price of Rs 4.00 (Rupees four only) per fully paid up equity share / Voting Rights ("Offer Price") payable in cash subject to the terms and conditions, whose names appear on the register of members on Specified Date i.e. September 08, 2005.

Schedule of Activities

Specified Date: September 08, 2005

Date of Opening of the Offer: October 04, 2005

Date of Closing of Offer: October 24, 2005

Click to view more   1   2   3   4   5   6   7   8   9   10   11   12   13   14   15   16   17   18   19   20   21   22   23   24   25   26   27   28   29   30   31   32   33   34   35   36   37   38   39   40   41   42   43   44   45   46   47   48   49   50   51   52   53   54   55   56   57   58   59   60  




Home | Application Forms | Equity | Flashes | Secondary Market | Mergers & Acquisitions | Taxation | Insurance |
Mutual Fund | SEBI | ESOS | Valuation | Venture Capital | Other Related Sites | Suggestions | Disclaimer | Site Map

Maintained By