Suzlon to allot 16.9 crore shares to bond holders

Wind turbine maker Suzlon Energy today said it will allot over 16.88 crore shares to bondholders upon conversion of some bonds that are due in July 2019.

Board gives nod to India Cement's fund raising plan

Board of India Cements has approved a proposal to raise Rs 500 crore through qualified institutional placements or foreign currency convertible bonds to meet capital expenditure needs, a top official said on Friday.

Sebi to simplify broker registration, open new offices

Aiming to deepen capital markets, regulator Sebi Friday announced measures to attract larger number of new investors to equities and also simplified the registration process for brokers.

Sintex to raise up to $150 mn through FCCBs

Sintex Industries on Thursday said it plans to raise up to USD 150 million (over Rs 820 crore) through issue of convertible bonds from overseas markets.