Posts in tag

board directors


NEW YORK AND LONDON–(BUSINESS WIRE)–March 2, 2022– TowerBrook Capital Partners LP (“TowerBrook”), an international investment management firm, and Related Fund Management (“RFM”), a real estate investment management firm, announced the completion of their investment in Stonebridge Companies (“Stonebridge”) or the “Company”). The transaction was financed by a majority investment from TowerBrook, with a significant minority …

Strides Pharma Science announced on Monday that the company’s board of directors will meet on February 10, 2022 to consider raising funds. In an exchange filing, the company said the board would consider a proposal to raise funds on Feb. 10 through the issuance of convertible stock/warrants and/or any other instrument through preferential …

During the meeting of February 07, 2022 The Board of Directors of Jindal Stainless, at its meeting of February 7, 2022, approved the raising of funds with any other co-issuer, by way of issuance of debt securities, including debentures or non-redeemable bonds. secured or unsecured convertible bonds, or commercial paper or notes (listed/unlisted) …

Shares of Manappuram Finance Ltd on the fast track on Friday after informing that the financial resources and management committee of the company’s board of directors at its meeting on January 28, 2022 approved the allocation of secured securities, rated, Listed, Redeemable, Non-Convertible Debentures with a face value of Rs.10,00,000/- each for an amount of …

Manappuram Finance announced on Monday that the company’s board of directors had approved raising funds of up to Rs 800 crore via non-convertible debentures, on the basis of a private placement. NBFC in an exchange filing said the board had approved the issue of listed, secured, rated, redeemable and non-convertible debentures with a face value …

Nazara Technologies announced on Wednesday that the company’s board of directors will meet on January 17, 2022 to consider raising funds through the preferential issuance of shares. In a regulatory filing, Nazara Technologies said the board of directors will meet on Monday, January 17, 2022 to consider and approve the issuance of shares …

Ugro Capital announced on Monday that the company’s board of directors will meet on Thursday, January 13, 2022 to consider fundraising. In a publicly filed document, the company said, the board’s investment and borrowing committee meeting is expected to be held on Thursday, January 13, 2022 to review and approve the fundraising through the issuance …

Inox Wind Energy announced on Monday that the company’s board of directors at its meeting had approved raising Rs 90 crore on a preferential issue basis. The company will issue and allot up to 10,62,574 convertible warrants at an issue price of Rs 847 per warrant, with a right for warrant holders to apply for …

Deepak Nitrite announced on Tuesday that the company’s board of directors will meet on December 22, 2021 to consider raising funds. In an exchange filing, Deepak Nitrite said that a meeting of the company’s board of directors is scheduled to be held on Wednesday, December 22, 2021 to consider raising funds through the issuance of …

The Board of Directors of Burger King India Limited (“the Board”) at its meeting held today, i.e. December 15, 2021, has reviewed and approved the increase in the authorized share capital and modification of the constituting act. The board approved the proposal to increase the authorized share capital of the company from Rs. 505,00,00,000 / …

Raymond announced on Monday that the company’s board of directors will meet on December 17, 2021 to consider raising funds. In an exchange filing, Raymond said, a meeting of the directors’ committee of the company’s board of directors will be held on Friday, December 17, 2021 to consider and approve the issuance of non-convertible debentures …

Marshall Motor Group has bolstered fundraising efforts at motoring charity Ben Ben with a donation of £50,000 to help it cope with the ‘unprecedented impact’ of COVID-19. The donation came in response to an urgent Christmas appeal from the industry charity, which has seen a 147 per cent rise in demand for support in recent …

Ugro Capital announced on Wednesday that the company’s board of directors will meet on Saturday, December 11 to consider a fundraiser. In an exchange document released on Sunday, Ugro Capital said: The Board of Directors’ Investment and Lending Committee meeting is scheduled to be held on Saturday, December 11, 2021 to review and approve the …

During the meeting of December 06, 2021 The Board of Directors of Satin Creditcare Network, at its meeting on December 6, 2021, approved the increase in the company’s authorized share capital to Rs 180 crore comprising 10.50 crore equity shares of Rs 10 each and 7.50 crore of preferred shares of Rs 10 …

During the meeting of December 06, 2021 Inox Wind announced that the board of directors of the company’s subsidiary, Inox Green Energy Services, at its meeting on December 06, 2021, approved the fundraising, subject to the receipt of required approvals, including the shareholder approval, market conditions and other considerations, through an initial public offering of …

December 08, 2021 The Neogen Chemicals Board of Directors will meet on December 8, 2021 to consider and approve the proposal to raise funds through the issuance of any instrument or security(s), including shares, fully/partially convertible/non-convertible instruments convertible bonds, including bond warrants and warrants entitling the holder(s) of warrants to request shares or …

The board of directors of GSS Infotech Limited on Saturday approved an investment limit of no more than Rs500cr that the company can make in Indian entities and / or foreign entities. The Board of Directors approved the issuance of 28,000,000 convertible warrants to promoters and non-promoters (“proposed warrants”) at a price of Rs 107 …

The Board of Directors of GSS Infotech Ltd has approved the issuance of 28,000,000 convertible warrants to promoters and non-promoters (“proposed warrant holders”) at a price of Rs. 107 / – per warrants. convertible subscription with the right to the holder of warrants to request and be allocated 1 (one) share of capital of the …

The Board of Directors of John Keellls Holdings has decided to raise funds through a private placement for a maximum cumulative amount of the Sri Lankan Rupee equivalent of US $ 80 million to the Asian Development Bank by the issuance of up to 122,500,000 new ordinary shares of the company in two phases, said …

TVS Motor Company jumped 9.32% to Rs 778.55 after media reported the company was in talks to raise funds for its electric vehicle (EV) subsidiary. Media reported that TVS Motor is in talks with a handful of global private equity investors to raise $ 300-500 million (Rs 2,220-3,700 crore) for its electric vehicle subsidiary at …

Sobha shares climbed 11% to Rs 962.50 on BSE in intraday trading on Wednesday amid large volumes after the property developer announced a plan to raise funds through the issue of unlisted secured non-convertible redeemable bonds on the basis of a private placement. In the past four trading days, the stock has risen 27% from …

Zen Technologies hit a 5% higher circuit at Rs 215.60 after the company announced that its board of directors would meet on Saturday, October 16, 2021 to review fundraising plans. The announcement was made after market hours yesterday. Zen Technologies designs, develops and manufactures combat training solutions for training defense and security forces. It actively …

The Canadian National Railway Company forcefully pushed back a UK-based investor seeking changes to the railway, saying on Friday that TCI Fund Management Ltd. had made false and misleading statements and was clearly in a conflict of interest. “We are not going to indulge in unfounded and bad faith arguments that serve the interests of …

The Canadian National Railway Company faces criticism from a large investor over the disclosure of the resignation of a member of the board of directors. Julie Godin resigned from the railroad board on September 16, the day after CN learned it had lost the battle to buy the U.S. Kansas City Southern Railroad to compete …

Route Mobile Ltd informed that the board of directors on Wednesday September 22, 2021 approved the fundraising proposal worth Rs2000cr. The Board of Directors has approved the raising of funds through the issuance of equity shares or other securities convertible or exchangeable into equity shares or non-convertible debt securities (with or without warrants) or any …

September 22, 2021 Route Mobile’s board of directors will meet on September 22, 2021 to examine and assess the fundraising proposal by issuing shares or other securities convertible or exchangeable into shares or non-convertible debt securities as well as warrants or any combination thereof by private placement, preferential issue, issue of American certificates of deposit, …

Despite a sharp drop in revenue in fiscal 2021, Lemon Tree Hotels is avoiding availing its two pre-approved fundraising options – the second tranche of Rs 125 crore from the Dutch pension fund APG and the Rs 150 crore rights issue for now. It also plans to add around 2,000 rooms by 2023, which will …

A Canadian National Railways locomotive crosses the yard in Dartmouth, Nova Scotia on March 29, 2018.Andrew Vaughan / The Associated Press Activist investor TCI Fund Management has launched a battle for control of the Canadian National Railway Company following the railways’ seemingly failed offer to buy Kansas City Southern Railway Co. TCI, led by British …

Tourism Finance Corporation of India gained 2.85% to Rs 66.70 after the company announced that its board of directors would meet on September 3, 2021 to consider fundraising. The company proposes to raise funds by issuing one or more instruments, transferable securities, including capital shares, convertible / non-convertible preferred shares, convertible securities of any kind …

Since 2007 BVP has successfully raised and managed 14 Green BES and EII funds, which have invested in some of Ireland’s most innovative companies. Pineapple Power Corporation PLC (LSE: PNPL, FRA: 8JZ) (LSE: PNPL), the cash shell, is considering merging with BVP Investments, an Irish fund management company, and changing its name to Cool Capital. …

Julie-Anne Mizzi, global head of social care at AMP Capital, will join Plenary Group to lead a new Australian and New Zealand fund management arm at the infrastructure specialist. The appointment comes as Plenary attempts to take over management of the A$8 billion (€5.1 billion) community infrastructure fund (CommIF) from AMP Capital, overseen by Mizzi. …