₹1 penny stock completes raising of funds through NCDs. Details here
3 days, 19 hours ago

₹1 penny stock completes raising of funds through NCDs. Details here

Live Mint  

Penny stock Standard Capital Markets on Friday, December 20, informed through an exchange filing on the BSE that its board of directors approved the issuance of non-convertible debentures on a private placement basis for ₹15 crore. "The board of directors of the company in its meeting held on December 20, has approved the allotment of 1,500 unrated, unlisted, secured NCDs of face value of ₹1,00,000 each at an issue price of ₹1,00,000 each aggregating to ₹15,00,00,000 on a private placement basis," the company said in an exchange filing. On December 17, the company announced the successful issuance of ₹500 crore in non-convertible debentures to strengthen its capital structure and support its growth initiatives. The company said some ₹130 crore of the total funds have been successfully raised and strategically deployed towards enhancing and expanding the company's operations.

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300% return in one year! Multibagger penny stock below Re 1 issues NCDs worth ₹500 crore
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300% return in one year! Multibagger penny stock below Re 1 issues NCDs worth ₹500 crore

Live Mint  

Penny stock: Standard Capital Markets, a non-banking financial company, announced the issuance of non-convertible debentures worth ₹500 crore. Out of ₹500 crore worth of NCDs, the company said it has successfully raised and strategically deployed ₹130 crore towards enhancing and expanding the company's operations. Following this development, Standard Capital Markets share price was trading in the green, up 1.04 per …

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Live Mint  

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Live Mint  

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Live Mint  

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Live Mint  

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Live Mint  

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Muthoot Finance to raise ₹700 crore via issue of non-convertible debentures
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Muthoot Finance to raise ₹700 crore via issue of non-convertible debentures

Live Mint  

Muthoot Finance Ltd on Thursday announced its 32nd series of public issue of secured redeemable non-convertible debentures of face value of ₹1,000 each. “Our 32nd NCD issue is open for subscription, and the interest rate offered on NCDs has been increased by 0.50%. This provides our investors a dual advantage of a higher rating and attractive interest rate ranging 8.75% …

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Live Mint  

Here are the top 10 stocks that could be in focus in today's trade: Tata Consultancy Services: Tata Consultancy Services posted healthy growth in Q4 of FY23, however, it broadly missed the street's expectations for the quarter. NTPC: In a bid to raise ₹3,000 crore for funding capital expenditure and loan refinancing, state-owned NTPC announced issuing non-convertible debentures on a …

This Penny stock announces rights issue, to raise Rs 100 crore
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This Penny stock announces rights issue, to raise Rs 100 crore

India TV News  

High-end specialty chemicals provider Vikas Ecotech has announced the issuance of a rights issue. The company through an exchange filing said that its board at a meeting held on January 30 considered and approved a rights issue worth not exceeding Rs 50 crore. The Delhi-based company seeks to raise Rs 100 crore through the issuance of equity shares and other …

’Dangerous’ bets: Indian investors rush into penny stocks below ₹5
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’Dangerous’ bets: Indian investors rush into penny stocks below ₹5

Live Mint  

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