Latest business news
PNB Housing Finance Limited announced on Tuesday, 20 May 2025, that the company’s board of directors has approved the allotment of redeemable Non-Convertible Debt (NCDs) amounting to ₹400 crore, according to an exchange filing. According to the filing data, the company approved the allotment of 40,000 listed, secured, taxable NCDs with a face value of…
Penny stock below ₹1: Standard Capital Markets, a small-cap non-banking finance company (NBFC), was in focus on Friday, May 16, a day after it announced that its board has approved allotment of non-convertible debentures (NCDs) worth ₹145 crore. The company said that its Board of Directors at their meeting held on Thursday, May 15, 2025,…
Penny stock below Re 1: Standard Capital Markets announced on Tuesday, May 13, that it will raise ₹130 crore by issuing non-convertible debentures (NCDs) on a private placement basis. The small-cap non-banking financial company (NBFC) considered and approved the allotment of 13,000 unrated, unlisted, secured NCDs with a face value of Rs. 1,00,000 each, at…
Penny stock below ₹1: Standard Capital Markets, a penny stock with a market capitalisation of nearly ₹70 crore, informed exchanges on Monday, May 5, that the company has approved the allotment of 12,100 non-convertible debentures (NCDs) to raise ₹121 crore. Standard Capitals in two separate exchange filings informed about allotting 10,000 NCDs and 2,100 NCDs…
Penny stock below Re 1: Standard Capital Markets announced on Friday, May 2, that it will raise ₹50 crore by issuing non-convertible debentures (NCDs) on a private placement basis. The small-cap non-banking financial company (NBFC) considered and approved the allotment of 5000 unrated, unlisted, secured NCDs, with a face value of Rs. 1,00,000 each, at…
Reliance Industries Q4FY25 Results: Reliance Industries Ltd. (RIL), the country’s most valuable company by market capitalization, approved a fundraising plan today, April 25, along with the announcement of its performance for the March quarter and FY25. The company is looking to raise up to ₹25,000 crore domestically through the issuance of listed, secured/unsecured, redeemable non-convertible…
Penny stock below ₹1: Standard Capital Markets shares will hog the limelight when the Indian stock market resumes trading on Tuesday, April 15, following a three-day holiday, after the company announced the partial redemption of its secured non-convertible debentures (NCDs). The company has redeemed 656 NBCs worth ₹10,00,000 each, for an aggregate amount of ₹65.60…