Monday, April 29News That Matters

Year: 2015

Rakesh Jhunjhunwala buys 30 lakh shares of Man Infra

Stocks
29-Jan-2015 Jhunjhunwala buys 30 lakhs shares (or 1.21%) in Man Infraconstruction Ltd at Rs.36 per share. Man Infraconstruction shares closed 20% higher at Rs.43.20 per share on BSE. Man Infra is in the Construction & Contracting - Civil sector. The current market capitalisation stands at Rs 1,121.18 crore.The company has reported a consolidated sales of Rs 60.99 crore and a Net Profit of Rs 23.16 crore for the quarter ended Sep 2014. It is listed on the BSE with a BSE Code of 533169 and the NSE with an NSE Code of MANINFRA. Its Registered office is at 12th Floor, Krushal Commercial Complex,,Above Shoppers Stop, Mumbai,Maharashtra - 400089.

Rakesh Jhunjhunwala buys additional stake in Delta Corp

Stocks
2-Feb-2015  Ace investor Rakesh Jhunjhunwala has acquired additional shares worth over Rs 11 crore in Delta Corp. Through a bulk deal, Jhunjhunwala today purchased 12.5 lakh shares of Delta Corp at a price of Rs 91.75 apiece, the company said in a filing to the BSE. At this price, the stake would be worth about Rs 11.5 crore. At the end of December 2014, Jhunjhunwala held 3.47 % stake in the company. Jhunjhunwala and his wife Rekha already own 6.72 % stake.

9.50% IFCI NCD Issue Jan 2015 – Details & Review – Tranche II

Bonds
9.50% IFCI secured redeemable non-convertible debentures (NCD) Issue January 2015 IFCI has opened its public issue of NCDs Tranche II on 01-Jan-2015 &  it closes on 04-Feb-2015  offering 8 investment options with yield upto 9.50% .  This is the second NCD issue by IFCI with previous one issued in Oct 2014.  Type of Instruments – Public issue of the secured redeemable non-convertible debentures (NCD) Size of Issue –Rs. 250 crore with an option to retain oversubscription up to the residual shelf limit of Rs. 790.81 crore Listing – Proposed to be listed on NSE & BSE  (within 12 working days of closing the issue) Credit Rating – Brickwork Ratings  ‘AA-’ with  ‘Stable’ outlook, ICRA ‘A’ with a ‘Stable’ outlook.  These NCDs are ‘Secured’ in nature and in case of any default in payment...