RBL Bank: On December 31 the private lender said it has raised Rs 675.80 crore through preferential allotment of shares, completing total fundraising of Rs 2,701 crore. A total of 1.98 crore shares were allotted preferentially at a price of Rs 340.70 per share on December 30.
CARE Ratings: In a regulatory filing, the company informed that SEBI concluded its adjudication proceedings on Tuesday. It had received adjudication order from the capital market regulator on December 17 in relation to credit ratings assigned to one of the Company’s customers and the customer subsidiaries. SEBI had imposed a penalty of Rs 25 lakh on the company.
PTC India: On December 31 PTC India said it has been selected as an aggregator for purchasing 2,500 MW of power from stressed coal-based energy plants under a central scheme. The company won the bid as an aggregator for Pilot Scheme – II issued by the Ministry of Power for the resolution of stressed thermal assets.
YES Bank: CARE Ratings on Wednesday downgraded a series of bank’s instruments and facilities. Infrastructure bonds worth Rs 5,000 has been revised to CARE A with negative outlook while Lower Tier II Bonds have been downgraded to CARE A from CARE A+ with negative outlook.
Skipper: CARE downgraded long term rating on the company’s bank facilities to BBB+ with a stable outlook, from A with a negative outlook.
Adani Green Energy: Company commissioned a 75MW wind power project.
Bajaj Electricals: The company’s board is scheduled a meeting on January 6 to consider, among others, the proposal for raising of funds by issue of equity shares, convertible securities or any other securities.
Aster DM Healthcare said on Tuesday it has signed a pact to acquire Abu Dhabi-based Wahat Al Aman Home Healthcare LLC for an estimated amount of AED 105 million ($28.6 million or Rs 204 crore).
Aster DM Healthcare: Company entered into a share purchase agreement to acquire a 100 percent stake in Wahat Al Aman Home Healthcare.
CreditAccess Grameen: The company completed a direct assignment transaction of Rs 434.99 crore on December 31.
Sterling & Wilson Solar: The company’s promoters, Shapoorji Pallonji group, have enabled repayment of Rs 1,000 crore from the listing date till December 31, 2019. The balance loan amount of Rs 1,644 crore will be paid over the next three quarters.
Corporation Bank: Bank has accepted the buy-back offer of its wholly-owned subsidiary CorpBank Securities (an unlisted entity) to the extent of 25 percent of its total paid-up equity share capital as of September 30, 2019.
RITES: The Company has received a reaffirmed rating of A1+ for short term non-fund based facility up to an amount of Rs 850 crore from Infomerics Valuation and Rating.
Source: Business Standard, Moneycontrol and Other Published Sources
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