Adani Green Energy Ltd (NSE: ADANIGREEN): Adani Green Energy Ltd has redeemed 100% of its 750 million dollars or 4.375 % Holdco Notes due on September 8, 2024. The company used its cash reserves and fully funded Redemption Reserve Account for this redemption to avoid refinancing. Adani Green Energy Ltd said in a stock exchange filing that the amount was set aside for this purpose in January 2024 to cover the redemption of the Holdco Notes on maturity. Holdco Notes were released in September 2021, to help support Adani Green Energy Ltd’s rapid growth plan for the next 3 years.…
Author: careermotto
careermotto
A self-motivated and hard-working individual, I am currently engaged in the field of digital marketing to pursue my passion of writing and strategising. I have been awarded an MSc in Marketing and Strategy with Distinction by the University of Warwick with a special focus in Mobile Marketing. On the other hand, I have earned my undergraduate degrees in Liberal Education and Business Administration from FLAME University with a specialisation in Marketing and Psychology.
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Bajaj Housing Finance IPO: Another company belonging to Bajaj Group is going to be listed. The opportunity to invest in Bajaj Housing Finance Ltd‘s Rs 6,560 crore IPO opened on Monday. It has raised Rs 1,758 crore from 104 anchor 4 investors. They have been issued 25.11 crore shares for Rs 70. On Monday, we will talk about gray markets. its IPO price is the price of 56.70 rupees or 81 % GMP (gray market price) from the top price range. But, as per market experts, decisions regarding investments should be made following the core financials of the business rather…
Spicejet made a big announcement following the market shutdown last Friday. The impact of this announcement can be evident in its shares on Monday. On Monday, i.e. in early trade, the price of Spicejet share rose by more than 5%. The increase in the cost of Spicejet share was evident when the company announced its arrangement for restructuring its debt and agreement in the matter with Carlyle Aviation. Spicejet share opened at Rs 63.65 on the BSE on Monday, which is 3.56% higher than the previous day’s closing price of Rs 61.46. After this, the price of Spicejet share rose…
Subros Ltd (NSE: SUBROS): The stock market is witnessing an atmosphere of ups and downs on 9th September. The market started with a decline but later the market saw recovery. During the recovery, the Sensex has seen a gain of 500 points intraday, and the Nifty 50 index has also registered a gain of more than 160 points. Although the market is not that fast, but if you want to earn money from the market, then you can invest money as per the opinion of market experts. A market expert has picked a strong investment. It can be included in…
Jeyyam Global Foods IPO Listing: The share of Jeyyam Global Foods Ltd, which sells gram and gram flour in bulk, made a strong entry on the NSE’s SME platform on Monday. Its IPO received more than 119 times the overall bid. The share has been issued for Rs 61 under the IPO. On 9th September it entered NSE SME at Rs 61, which means that IPO investors did not get any listing gain. After this, IPO investors received another shock when the shares fell. They fell to Rs 58.25 (Jeyyam Global Foods Ltd Share Price), which means that IPO investors…