Rs3,000cr to be raised by Ultratech Cement via US dollar denominated bond
Thu, Feb 4, 2021 11:20 AM

Rs3,000cr to be raised by Ultratech Cement via US dollar denominated bond

A Flip by Flipitnews
Get it on Google Play
Ultratech Cement's board nodded a proposal raise up to Rs 3,000 crore via US dollar-denominated bonds issuance. ''The finance committee approved raising funds by way of issuance of foreign currency (USD) denominated bonds (Notes) aggregating up to USD 400 million, corresponding to Rs 3,000 crore, to be offered and sold within the United States to qualified institutional buyers' the company said.

More great flips

Ahead of Market: Things that will decide D-Street action on Thursday

Ahead of Market: Things that will decide D-Street action on Thursday

📌US stock indexes fell on Wednesday, dragged by losses in Tesla and Uber 📌European shares kicked off trade on an upbeat note on Wednesday 📌Nifty on Wednesday ended flat to form a high wave type candle pattern 📌Momentum indicator MACD showed bullish trade on the counters 📌Market breadth favoured bulls as 2,053 stocks ended in the green, while 1,750 names settled in the red

Open Flip
L&T Q4 results: Siddhartha Mohanty appointed as Director; to take charge

L&T Q4 results: Siddhartha Mohanty appointed as Director; to take charge

Larsen & Toubro has inducted the Chairperson of Life Insurance Corporation (LIC) of India Siddhartha Mohanty as Director with effect from May 28, L&T said on May 8.The $21 billion conglomerate said that Mohanty will represent the equity interest of LIC in Larsen & Toubro's board and has been nominated by LIC in place of Mr. Hemant Bhargava.

Open Flip
Madhusudan Kela’s portfolio stock & promoters increase stake!

Madhusudan Kela’s portfolio stock & promoters increase stake!

Choice International Ltd was incorporated in 1993. It is an integrated and diversified financial services group. It provides a wide range of financial services that include broking & distribution, investment banking, financial services to business advisory, regulatory compliances to government authorities & other corporate entities, retail loan distribution, mutual fund distribution.

Open Flip

Join our Smart Investment Community

More than 1 Million users are using FlipItMoney to stay updated about the business and finance world! Join FlipItMoney now and take smart investment decisions!
Icon