Bharat Forge to raise Rs 600 cr; QIP soon
New Delhi: The country’s largest auto component maker Bharat Forge is set to raise around Rs 600 crore through a mix of equity, warrants and non-convertible debentures (NCDs) and foreign currency convertible bonds (FCCBs).
Shift to IFRS may lead to accounting chaos
Another issue that needs to be clarified pertains to companies that have issued foreign currency convertible bonds. …
Uttam Galva soars on Mittal plan to hike stake
However, he was quoted by a television channel as saying, “The original open offer was at 29% but because certain convertible bonds were converted, …
Indian wind project developer to raise funds for…
… the promoters’ holding in the firm from 48.2% to nearly 54% as some of earlier issued foreign currency convertible bonds are also due for conversion. …
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