iStockThe bank proposes to utilise the net proceeds from the fresh issue to augment the bank's Tier-I capital base. The proceeds from the fresh issue will also be used towards meeting the expenses in relation to the offer.
Nuvama Wealth Management, DAM Capital Advisors, and Equirus Capital are the book-running lead managers of the issue.
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‘eGaming Cos Tax Demand in Line with Legal Stand’Goods and services tax (GST) tax notices to online gaming companies are in accordance with legal provisions, Central Board of Indirect Taxes and Customs (CBIC) chairman Sanjay Kumar Agarwal said on Thursday, ruling out any immediate review.
Abu Dhabi’s IHC Set to Exit Two Adani Cos, Signs Definitive PactAbu Dhabi-based International Holding Company PJSC (IHC) said on Thursday it is selling its stake in Adani Green Energy and Adani Energy Solutions, less than 18 months after the strategic investment company invested ₹15,400 crore in three Adani group companies.
Festive Fever may Light Up Ecomm Sales by 16%Online sellers, major brands and ecommerce platforms are gearing up for robust sales through the festive season, as the online shopping ecosystem shakes off a relatively muted first half of the year, industry executives said.
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