SMC Global Securities Board Approves ₹150 Crore NCD Issue to Bolster Capital Base
SMC Global Securities Limited's Board has authorized a public offering of Non-Convertible Debentures (NCDs) to raise up to ₹150 crore. The capital-raising exercise is designed with a base issue size of ₹75 crore and an equal oversubscription option to strengthen the firm's financial position.
Spectrum Electrical to Raise ₹325 Crore via Preferential Issue to HDFC MF and Others
Spectrum Electrical Industries Limited has approved a significant capital infusion of approximately ₹325 crore through a preferential issue of equity shares and convertible warrants. The board-approved move aims to strengthen the company's capital base by onboarding institutional investors including HDFC Mutual Fund and Valuequest India Inflexion Fund.
Sumeet Industries Completes ₹199.75 Cr Rights Issue to Double Manufacturing Capacity
Sumeet Industries has finalized a ₹199.75 Crore capital raise through a rights issue to facilitate the integration of a newly acquired manufacturing plant and strengthen its balance sheet. The funding supports a strategic turnaround under new management, focusing on doubling production capacity and enhancing backward integration.
Bondada Engineering Board Approves ₹500 Crore Fund Raise and 14% Final Dividend
Bondada Engineering's board has approved a substantial capital infusion of up to ₹500 crore via Non-Convertible Debentures or other instruments. The company also announced a 14% final dividend and initiated plans to migrate its listing from the BSE SME platform to the Main Boards of both BSE and NSE.
Ice Make Refrigeration to Raise ₹190 Crore via Preferential Issue; Sets Up Japan JV
Ice Make Refrigeration Limited has approved a preferential issue of shares to raise approximately ₹190 crore from a group of investors including Japan's Galilei Holdings. The capital injection will support a new joint venture aimed at expanding the company's footprint in the commercial refrigeration and hospitality sectors.
Cemindia Projects Board Approves Mega ₹5,000 Crore Fund Raise via QIP and Other Modes
The Board of Directors of Cemindia Projects Limited has greenlit a significant capital infusion plan of up to ₹5,000 Crore. The company intends to raise these funds through various instruments including Qualified Institutional Placements (QIP) and rights issues to strengthen its financial position.
Ather Energy Raises ₹1300 Crore via QIP: Allots 1.08 Crore Shares at ₹1,202 Each
Ather Energy has completed a ₹1,300 crore fundraise through a Qualified Institutions Placement (QIP), allotting over 1.08 crore equity shares to a diverse group of institutional investors. This capital infusion at a premium price of ₹1,202 per share significantly strengthens the electric two-wheeler manufacturer's balance sheet for upcoming growth phases.
PC Jeweller Board Approves Raising ₹1,000 Crore via Qualified Institutions Placement
PC Jeweller’s board has authorized a capital raise of up to ₹1,000 crore through a Qualified Institutions Placement in one or more tranches. This move is accompanied by an expansion of the company's authorized share capital to facilitate the issuance of new equity shares or other eligible securities.
Piramal Finance Board Approves ₹4,000 Crore Fund Raise and Reports Strong Q1 Results
Piramal Finance has received board approval to raise up to ₹4,000 crore through various instruments including equity shares, convertible securities, and non-convertible debentures. The decision was announced alongside a strong quarterly performance, with consolidated net profit for Q1 FY2026 rising to ₹460.98 crore.