On March 31, 2014 17:14 (IST)
The bond market was initially monopolised by NBFCs but towards the later part of the fiscal, investors also saw tax free bonds being issued from state-owned firms.
On December 23, 2013 22:13 (IST)
EuroPacific Growth Fund, one of the largest shareholders in Power Grid, has hiked its stake in the state-run utility to 5.4 per cent after acquiring additional shares through open market.
On December 10, 2013 21:15 (IST)
Retail investors and eligible employees will get a discount of Rs 4.50 a share on the issue price, Power Grid said in a filing to the BSE. The price band for the FPO was Rs 85-90 apiece.
On December 08, 2013 21:38 (IST)
The Empowered Group of Ministers on disinvestment will meet on Tuesday to decide the issue price for allotting a 17 per cent equity of Power Grid Corporation, whose follow-on-public offer (FPO) was subscribed about seven times, according to a source.
On December 06, 2013 20:13 (IST)
The level of demand indicates healthy investor appetite despite Asia's third-largest economy growing at its slowest pace in a decade and political uncertainty in view of a general election to be called by May.
On December 04, 2013 16:06 (IST)
A $1.1-billion share sale in Power Grid was fully covered on Wednesday, the second day of the offering, provisional data from the stock exchanges showed.
On December 03, 2013 12:01 (IST)
The follow-on-public offer (FPO) for 17 per cent stake sale in Power Grid Corporation of India (PGCIL), which is expected to garner Rs 7,083 crore, opened today.
On December 02, 2013 21:00 (IST)
Power Grid Corporation of India Ltd (PGCIL), which expects to raise Rs 7,083 crore through a follow-on public offer, plans to utilise the proceeds partly to fund its 27 transmission line projects worth over Rs 48,354 crore.
On November 29, 2013 23:56 (IST)
Power Grid Corporation of India (PGCIL) will hit the markets with a follow-on-public offer (FPO) for a 17 per cent stake sale in it on December 3. The issue is expected to fetch Rs 7,083 crore to the exchequer.
On November 27, 2013 16:41 (IST)
Power Grid, which is expected to come out with its FPO in December, has sought shareholders' approval for hiking shareholding limit by foreign institutional investors (FIIs) in the state-run company to 30 per cent from existing 24 per cent. It has al...