The company has decided to allocate a total of 25,30,651 equity shares to anchor investors at Rs 630 apiece, aggregating the transaction size to Rs 159.43 crore, as per the circular uploaded on BSE
Sebi has barred brokers from using one client's collateral to fund another's margins: one of several steps taken to protect investors.
The move comes as Musk's margin loan was reduced to $6.25 billion from $12.5 billion announced earlier, according to the filing.
According to the company, the proceeds of this round will be used to strengthen tailored credit solutions for informal sector customers.
The countdown for 100 unicorns had begun early in the year itself but the Russian attack on Ukraine had paused the startups' rush to touch the $1-billion valuation
Since the Taliban seized power in Afghanistan, its spokespersons have commuted to several neighbouring nations, but failed to establish effective diplomatic ties.
The long-standing structural weakness of Pakistan's economy, aggravated by the global challenges of the Covid-19 pandemic and the Ukraine-Russia war, is scaring away the investors in the country
Sarika likes to go through all the communication she receives and then take an informed decision. She was hassled because this deluge was hindering her
Institutional demand for IPOs of both Rainbow Medicare and Campus Activewear, which closed this week, have been strong. Experts say this is a healthy sign for LIC's IPO, which opens next week
The institutional portion was subscribed by 10 per cent, the retail investor portion by 82 per cent
The company had fixed a price band of Rs 278-292 per share in the IPO
The company has set the price band for its IPO between Rs 130-137 per share.
The filing said that the court ruled April 1 that Musk's 2018 tweets were "false and misleading."
As Twitter adopts the 'poison pill' strategy to stop Elon Musk from forcefully buying it, the Tesla CEO is reportedly speaking to investors who could partner with him on acquiring the platform
The yen led losers against the dollar with the Japanese unit weakening 0.8% to cross the 126 yen to the dollar level for the first time since May 2002.
Firm has been active in Indian steel space the past few years. Earlier in the month, it completed acquisition of Crest - under IBC - for a consideration exceeding Rs 600 crore
The latest inflow comes following massive net outflows to the tune of Rs 1.48 lakh crore from equities in the last six months from October 2021 to March 2022.
Markets remaining open during bank holidays isn't uncommon. However, such days are known well in advance.
Indian regulations mandate that companies raising debt appoint a so-called 'debenture trustee' to protect the interests of investors.
Investor summits by any state are about intent, big numbers, and tall claims.