Canara Bank, Can Fin Homes to be watched

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Canara Bank, Can Fin Homes to be watched	Share Back
(08:38, 09 Sep 2019)
Canara Bank said that the bank has published the invitation seeking expression of interest of bidders/investors to purchase 3.99 crore equity shares constituting 29.99% of the paid-up capital of Can Fin Homes. The announcement was made after market hours on Friday, 6 September 2019. Avenue Supermarts has issued commercial paper of Rs 150 crore on 6 September 2019. The announcement was made after market hours on Friday, 6 September 2019. NBCC (India) has received a Letter of Award (LoA) of work from Indian Institute of Management (IIM) Sambalpur to provide Project Management Consultancy for the development of permanent campus (Phase-1 works). The estimated project cost is Rs 421 crore (approx.) including PMC fees. Total business secured in the month of August 2019 is Rs 400 crore. The announcement was made on Saturday, 7 September 2019. Varun Beverages said that the QIP Committee approved the allotment of 1.47 crore equity shares to the eligible Qualified Institutional Buyers at issue price of Rs 612 per share aggregating to Rs 899.99 crore. The announcement was made on Saturday, 7 September 2019. Dewan Housing Finance Corporation said the company has defaulted Rs 20.24 crore towards interest amount on Non-Convertible Debentures (NCDs). The announcement was made after market hours on Friday, 6 September 2019.
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