Posts tagged All News
Zomato opens Rs 8,500 cr QIP offering, sets floor price at Rs 265.91 (26-11-2024)
Food delivery aggregator Zomato has approved and authorised the opening of its Qualified Institutional Placement (QIP), setting the floor price at Rs 265.91 per share.
The company earlier stated it plans to raise Rs 8,500 crore via the QIP offering.
Zomato CEO Deepinder Goyal had shared that the proposed fundraise is meant to strengthen its balance sheet.
In a regulatory filing on Monday, the food delivery platform said the Fund Raising Committee of the Board has approved and authorised the opening of the issue.
“We further wish to inform you that the ‘relevant date’ for the purpose of the issue, in terms of Regulation 171(b)(i) of the SEBI ICDR (Issue of Capital and Disclosure Requirements) Regulations, is November 25, 2024…,” it said.
Accordingly, the floor price, based on the pricing formula as prescribed under Regulation 176(1) of the SEBI ICDR Regulations is Rs 265.91 per equity share, the filing said.
“Pursuant to Regulation 176(1) of a special resolution on November 22,
This Vijay Kedia portfolio stock nears summit; zooms 14% in subdued market (26-11-2024)
Siyaram Silk Mills stock hit a high of Rs 788, and was trading at its highest level since December 2017 in an otherwise subdued market on expectation of strong earnings.
Huawei Targets Apple with Advanced Chip Innovation in China (26-11-2024)
Last year, a chip breakthrough put Huawei on top of the Chinese smartphone market. Now it is rolling out its newest phone, the Mate 70 series.
Yatharth Hospital & Trauma Care Services Limited (26-11-2024)
Corporate Presentation November : https://www.bseindia.com/xml-data/corpfiling/AttachLive/f5661bfc-e4ee-496f-8f70-4a6cd87c4fdc.pdf
Indices trade with minor losses; oil & gas stocks slip (26-11-2024)
At 14:30 IST, the barometer index, the S&P BSE Sensex, was down 162.77 points or 0.20% to 79,956.99. The Nifty 50 index lost 41.10 points or 0.17% to 24,180.05.
Volumes spurt at Tata Teleservices (Maharashtra) Ltd counter (26-11-2024)
Tata Teleservices (Maharashtra) Ltd notched up volume of 598.92 lakh shares by 14:14 IST on NSE, a 24.41 fold spurt over two-week average daily volume of 24.53 lakh shares
