Future Retail files papers for Rs 1,600 cr rights issue

THE ECONOMIC TIMES Wed, Jul 30, 2014 | 10:04 AM IST IPO Newsletter

Future Retail files papers for Rs 1,600 cr rights issue Future Retail files papers for Rs 1,600 cr rights issue "Total proceeds from the issue of equity shares and class B shares would aggregate up to Rs 1,600 crore," Future Retail said in the document. Investors with over 10% stake may take OFS route Investors with over 10% stake may take OFS route Sebi is likely to issue a circular this week on the eligibility criteria for non-promoter shareholders, framework for offering discount. DoD to appoint bankers for NHPC sake sale DoD to appoint bankers for NHPC sake sale IMG on disinvestment met last Friday and approved selling 11.36 per cent in NHPC through an Offer For Sale (OFS), an official source said. Indian companies raise Rs 3,300 cr via NCDs Indian companies raise Rs 3,300 cr via NCDs A cumulative amount of Rs 42,383 crore had been garnered through 35 issues of NCDs in the entire 2013-14 fiscal. HDFC Fund raises $250 mn for realty investments HDFC Fund raises $250 mn for realty investments HDFC had raised an international fund of USD 800 million in 2007, which is fully deployed.

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