On September 8, 2023, Brahmaputra Infrastructure Limited, closed the transaction. The company issued, 56,989,216 Optionally Convertible Cumulative Preference Shares at an issue price of INR 33.63 per share for the gross proceeds of INR 1,916,547,334. The transaction included participation from investors Punjab National Bank for 7,655,922 shares acquiring 13.43% stake in the company, Indian Overseas Bank for 16,740,564 shares acquiring 29.37% stake in the company, Union Bank of India for 20,140,500 shares acquiring 35.34% stake in the company and Indian Bank for 12,452,230 shares acquiring 21.85% stake in the company.
Market Closed -
Other stock markets
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5-day change | 1st Jan Change | ||
80.51 INR | -1.88% | +0.64% | +27.57% |
Stocks mentioned in the article
Price
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Change
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5d. change
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Capi.
| ||
---|---|---|---|---|---|
526.6 INR | -0.09% | +2.81% | 8.5B | ||
150.9 INR | +0.60% | +7.25% | 13.81B | ||
136.4 INR | +0.40% | +6.39% | 18.02B | ||
80.51 INR | -1.88% | +0.64% | 28.01M | ||
66.75 INR | -0.22% | +8.98% | 15.13B | ||
1st Jan change | Capi. | |
---|---|---|
+27.57% | 28.01M | |
-2.29% | 67.67B | |
+2.13% | 59.37B | |
+21.25% | 38.3B | |
+11.23% | 30.73B | |
+2.06% | 26.35B | |
+22.89% | 22.01B | |
+15.06% | 19.47B | |
+22.99% | 17.6B | |
+64.33% | 16.64B |
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- News Brahmaputra Infrastructure Limited
- Brahmaputra Infrastructure Limited announced that it has received INR 1.916547334 billion in funding from Punjab National Bank, Indian Overseas Bank, Union Bank of India, Indian Bank