preferential allotment

Vodafone Concept clears dues value ₹2,458 crore to community distributors Nokia and Ericsson via preferential allotment of fairness

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To clear dues with community distributors, Nokia and Ericsson, Vodafone Concept introduced on Thursday that it’s going to allot them shares on a preferential foundation. Vodafone Concept knowledgeable the exchanges on June 13 that its board has authorised the issuance of about 166 crore shares at ₹14.80 per share to lift funds as much as … Read more

Embassy Group invests ₹1,160 crore in Indiabulls Actual Property

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Embassy Group, the biggest shareholder in Indiabulls Actual Property, has invested ₹1,160 crore via a preferential allotment of shares and warrants. Of this, 25 per cent is upfront, and the steadiness will probably be invested over 18 months. The ground value of the issuance was Rs 111.51 per share. It has additionally contributed a number … Read more