Satin Finserv Mobilises ₹650 Crore via Debt and Equity to Fuel MSME Lending Growth
Satin Finserv Limited, a wholly owned subsidiary of Satin Creditcare Network Limited, successfully mobilized over ₹650 crore through a combination of debt and equity capital in YTD FY27. This capital infusion is designed to strengthen the subsidiary's balance sheet and support its expanding MSME lending operations across 14 states.
Greaves Cotton Subsidiary GEML Completes ₹530 Crore Rights Issue for EV Expansion
Greaves Electric Mobility Limited (GEML), the e-mobility arm of Greaves Cotton, has successfully completed a ₹530 crore rights issue. The capital infusion, backed by anchor investors Greaves Cotton and Abdul Latif Jameel, is designated for accelerating technology development and next-generation product launches in the electric vehicle segment.
Neueon Corporation Board Approves ₹150.79 Crore Rights Issue to Public Shareholders
The Board of Directors of Neueon Corporation has approved a significant capital raise of up to ₹150.79 Crore through a rights issue of partly paid-up equity shares. This move is primarily aimed at achieving compliance with SEBI's minimum public shareholding requirements while the company also prepares for a strategic relocation of its registered office.
IIRM Holdings India to Raise ₹150 Crore from Carpediem Capital and Sanshi Fund
IIRM Holdings India Ltd is initiating a ₹150 Crore capital raise through equity and convertible warrants led by Carpediem Capital and Sanshi Fund - I. The funds are earmarked for strategic acquisitions and international business expansion to strengthen the company's position in the global insurance distribution market.
Shanti Gold International to Raise ₹99.83 Crore via Rights Issue at ₹215 Per Share
Shanti Gold International Ltd has approved a rights issue to raise approximately ₹99.83 crore by issuing 46.43 lakh shares. The capital raise is intended to strengthen the company's financial position following recent in-principle approvals from the BSE and NSE.
Union Bank of India to Raise $2 Billion via Global Medium Term Note Programme
Union Bank of India has secured board approval to raise USD 2 billion through a foreign currency Medium Term Note programme. The capital infusion will be executed in tranches via the bank's international hubs in Dubai and Sydney to bolster its global operations and diversify its funding base.
SBI Raises ₹4,691 Crore via Basel III Compliant Additional Tier 1 Bonds at 7.75%
State Bank of India has successfully raised ₹4,691 crore through the issuance of Basel III compliant Additional Tier 1 (AT1) bonds. The offering, which marks the bank's first such issuance for the current financial year, was oversubscribed more than twofold, reflecting strong institutional demand for the lender's debt instruments.
Transrail Lighting Board Approves ₹600 Crore QIP and Declares 150% Interim Dividend
The Board of Directors of Transrail Lighting Limited has approved a significant capital raising plan of up to ₹600 crore through a Qualified Institutions Placement. Alongside this, the company declared an interim dividend of 150% for the current financial year and announced a strategic move into high-tech sectors including drones and energy storage.
Adani Energy Solutions Launches QIP with Floor Price of ₹1,698.15 per Share
Adani Energy Solutions has officially opened a Qualified Institutions Placement to raise capital from institutional investors. The company has established a floor price of ₹1,698.15 per equity share, following necessary board and shareholder approvals in July 2026.