Edelweiss Financial Services Limited will open a public issue of secured redeemable non-convertible debentures on September 21, 2026, targeting up to ₹300 crore. The NCDs offer tenors from 24 to 120 months and effective yields ranging fr...
Gaja Alternative Asset Management has reported a consolidated net profit of Rs 27.22 crore for Q1 FY27, up from Rs 20.09 crore in the same period last year. Despite a decline in consolidated revenue to Rs 15.64 crore, the firm's profitab...
Apar Industries has received a credit rating upgrade from CARE Ratings to AA (Stable) for its long-term bank facilities. This follows the company's successful completion of a ₹2,500-crore Qualified Institutions Placement (QIP) in August...
SRG Housing Finance has issued a formal clarification denying media reports alleging the presence of fictitious loan accounts. The company confirmed that no communication regarding 'Red flags' has been received from the National Housing...
CRISIL Ratings has reaffirmed the 'CRISIL AAA/Stable' rating for Poonawalla Fincorp, covering expanded bank loan facilities of Rs 19,785 crore and new debt instruments. The firm demonstrates strong capitalization with a 19.5% capital ade...
GMR Airports has successfully raised Rs 1,500 crore via Non-Convertible Bonds to refinance existing debt. By securing a 9.56% interest rate against the previous 10.75% cost, the firm has effectively lowered its finance burden, signaling...
RBL Bank has finalized the pricing for $350 million in senior unsecured notes under its $1 billion EMTN programme. The notes carry a 5.791% fixed coupon rate with a five-year tenure. This capital raise, aimed at expanding the bank’s Inte...
Equitas Small Finance Bank has successfully turned around its fiscal performance, posting a record Q4 profit of Rs 213 crore after a challenging start to the year. Shareholders approved key resolutions at the 10th AGM, including a propos...
Sudarshan Pharma Industries Ltd promoters have pledged 7.23 million shares, representing 2.99% of total equity, to secure a loan from Gangabase Barter Private Limited. This move marks a new encumbrance on promoter holdings, signaling the...
Indian Bank has formally announced plans to sell up to 1.5 million shares of the National Stock Exchange of India (NSE) through an Offer for Sale in the exchange's upcoming IPO. This move represents a 17.91% reduction in the bank's total...
Raghav Productivity Enhancers Ltd has secured a credit rating upgrade from CRISIL Ratings, moving from CRISIL A-/Positive to CRISIL A/Stable for its Rs 15 crore long-term bank facilities. This upgrade reflects enhanced financial stabilit...
Gala Global Products has announced a board meeting scheduled for September 12, 2026, to deliberate on a potential rights issue of equity shares. The board will also discuss the appointment of key intermediaries and banking arrangements....
TVS Holdings has completed the allotment of over 93 crore 6% Cumulative Non-Convertible Redeemable Preference Shares (NCRPS). Shareholders received 46 preference shares for every 1 equity share held as of the September 8 record date. The...
Regency Fincorp Limited has approved a private placement of non-convertible debentures (NCDs) worth Rs 50 crore. The 15-month instruments offer a 12% annual interest rate, payable monthly. The board is also evaluating future equity-linke...
Niyogin Fintech has announced a potential strategic partnership with Sammaan Capital to drive credit and sourcing activities. The goal is to build a Rs 500 crore loan portfolio over the next 36 months, leveraging Niyogin’s digital origin...
Equitas Small Finance Bank has announced a board meeting for September 16, 2026, to consider raising funds through unsecured, subordinated Lower Tier II non-convertible debentures. This capital infusion is intended to strengthen the bank...
Leading Leasing Finance and Investment Company Ltd has issued a corrigendum to its AGM notice, correcting a calculation error in the 10-day VWAP for its proposed preferential issue. Following BSE observation, the firm obtained revised va...
Star Housing Finance has disclosed that its lenders have appointed Ravi Ranjan & Co. LLP to conduct a forensic audit. While the company also announced a change in registered office and an extension for its transition advisor, the forensi...
Ontic Finserve has announced a share capital reduction and consolidation plan to clean its balance sheet of accumulated losses. The company reported a decline in FY26 net profit to Rs 54.17 lakh from Rs 131.34 lakh last year. The proposa...
Ontic Finserve Ltd has announced a capital restructuring plan to set off accumulated losses. The company proposes to reduce its equity share capital and consolidate shares from Re. 1 to Rs. 10 per share. This process is an accounting adj...
REC Limited has completed the transfer of its entire stake in Musalgaon Power Transmission Limited to the Maharashtra State Electricity Transmission Company for Rs 2.21 crore. This divestment follows the standard competitive bidding proc...