The board of the state-owned Power Grid Corporation has approved raising up to Rs 6 billion through the issuance of bonds for private placement. According to a BSE filing, “Committee of directors for bonds, in their meeting held on 24th March, 2023, have approved the raising of unsecured, nonconvertible, non-cumulative, redeemable, taxable POWERGRID Bonds-LXXII (72nd)...
Tag: BSE filing
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Coal India approves interim dividend of Rs 18.75 per share
Coal India has said that its Board has approved an interim dividend of Rs 18.75 per share for the 2016-17 financial year. The government is likely to get around Rs 9,200 crore from the total interim dividend payout.
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Northern Coalfields ratifies Rs 1,244-cr share buyback plan
Coal India has said that the Board of its subsidiary Northern Coalfields has approved a share buyback plan worth Rs 1,244 crore.
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L and T arm bags Rs 1,100 crore contract from IOC
Larsen and Toubro Hydrocarbon Engineering has said that it has bagged orders worth Rs 1,100 crore from IOC for its Bongaigaon refinery in Assam.
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GMR Infra posts Rs 382 crore Q3 loss
GMR Infrastructure has reported a standalone net loss of Rs 381.93 crore for the quarter ended December 2016. The company posted a net profit of Rs 40.01 crore in the corresponding quarter of the 2015-16, it said in a BSE filing.
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Jaypee InfraÂ’s Q3 net loss goes up to Rs 41.39 crore
Jaypee Infratech has said that its net loss has gone up to Rs 41.39 crore for the third quarter ended December 2016. The company had reported a net loss of Rs 25.33 crore for the corresponding quarter of the 2015-16 fiscal, it said in a BSE filing.
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Tata Power Q3 net profit jumps 38percent to Rs 599 crore
Tata Power has reported a 38 per cent rise in consolidated net profit at Rs 599.2 crore for the third quarter ended December 31.
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Adani Ports to raise $500 million via foreign currency bonds
Adani Ports and Special Economic Zone Ltd (APSEZ) has said that its board has approved raising $500 million (over Rs 3,400 crore) by issuing foreign currency denominated bonds.
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IVRCL lenders to convert loans
Lenders of debt-ridden infrastructure firm IVRCL have decided to convert part of their loans to the highway developer into a 51 per cent or more equity holding. T