Sep 23, 2021By: Rounak Jain
Company’s MD and CEO has said that it will seek the board’s approval for fundraising after understanding the government’s telecom reform measures.
Will be in focus after the Zee-Sony Pictures merger announcement yesterday. Current MD and CEO Punit Goenka will continue to be in his position.
Has set September 28 as the record date for its ₹21,000 crore rights issue. The issue opens on October 5 and will close on October 21.
Collaborated with Amazon Web Services to develop quantum computing capabilities.
Paras Defence IPO subscribed 40 times on Day 2.
Completed acquisition of a 10.4 percent stake in the Gangavaram Port project for ₹645 crore.
Its subsidiary has divested its 10 percent stake in Safe Foods Corporation for $18.2 million (approx. ₹132 crore).
Will consider issuing non-convertible debentures worth ₹200 crore, along with an option to increase it by another ₹200 crore, on September 27.
Its shares will be delisted from the stock exchanges on September 27.