The issuance is part of the existing global medium-term notes programme of the bank
Seven investors have been allotted more than 5% of the equity offered in the QIP issue
BharatPe plans to raise $250 million in debt by the end of FY22
The bank has not specified a timeline for raising debt and equity capital. The proposal will be taken up at AGM slated for August 26
Godrej Properties will invest the funds to acquire and develop new projects as part of its target to achieve higher growth
The valuation of the firm is likely to be in the range of Rs 1.78 lakh crore to Rs 2.2 lakh crore
The tenor of the bond is 10 years and it has a coupon rate of 7.19% per annum
As per the resolution, the board may raise the money through various instruments
Funds would be raised through issuance of fully paid-up equity shares at Rs 10 apiece to eligible shareholders of the company as on the record date
IIFL Home Finance will issue secured redeemable and/or unsecured subordinated redeemable NCDs for an amount aggregating up to Rs 5,000 crore