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News Roundup: HDFC plans to raise $173M via commercial paper

14 June, 2013

Housing Development Finance Corp. is planning to raise Rs 10 billion ($173.10 million) through 364-day commercial papers yielding 8.80%.The firm has directly placed the papers with mutual funds, said the sources. ()

Blue Blend India promoter’s plans to sell stake: Mrs. Indu Arya, the promoter of Blue Blends India Ltd. is planning to sell 6,60,000 equity shares or 3.63% stake of the company through separate window provided by the BSE Ltd. for this purpose. The Sale shall take place on a separate window of Stock Exchange and shall commence on June 17, 2013 at 9:15 a.m. and shall close on the same date at 3:30 p.m. Unique Stockbro is the manager to the issue. (BSE)

Promoters of NB Footwear plans to sell stake: Rajen Kapil Desai, Sudhakar Mahabal Shetty, Kannan Adhikesavan Yadav, Transchem Ltd., Grandeur Corporation Pvt. Ltd. and Solar Securities Pvt. Ltd., promoters and Ppromoter group entities of NB Footwear Ltd. are planning to sell 8,21,400 equity shares representing 6.08% through the stock exchange mechanism on the separate window provided by the stock exchange. The Sale shall take place on the separate window of the Stock Exchange and will commence on June 14 , 2013 at 9.15 a.m. and will close on the same day at 3.30 p.m. ITI Securities is the manager to the issue. (BSE)

Courtesy: VCCEdge


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News Roundup: HDFC plans to raise $173M via commercial paper

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