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NLC India slips 4% after govt exercises 2% oversubscription option
NLC India slipped 3.7 per cent after the government exercised the oversubscription option in the ongoing OFS, taking the total offer size to 4,15,99,098
NLC India drops 3% even as gov OFS draws robust institutional demand; retail window opens today
NLC India shares fell sharply on Wednesday even as the government's Offer for Sale (OFS) attracted strong demand from institutional investors, with bids worth Rs 4,158 crore on day one. The Centre has exercised the oversubscription option, taking the total stake sale size to Rs 1,263 crore.
NLC India OFS opens for retail today after strong non-retail response - All you need to know
The government has decided to exercise the entire greenshoe option in the NLC India OFS, after the non-retail portion was oversubscribed 5.22 times, taking the total offer size to 3% of the company's equity capital from the initially planned 2%.
NLC India OFS: Government exercises greenshoe option
The total offer size has now increased to 3% of equity capital from 2%; retail investors will get 10% of the expanded issue on June 10. NLC India shares settled 2.13% lower at ₹328.60 on the NSE on June 9, before the announcement.
Dividend alert! Last date to buy RIL, HDFC AMC and 14 other stocks for dividend rewards. Do you own any?
A total of 16 stocks, including Reliance Industries, HDFC AMC, Bank of Baroda and others, are set to turn ex-dividend on June 5, making today the last buying opportunity under T+1 settlement. Investors buying today will be eligible for payouts ranging from Rs 0.01 to Rs 54 per share across companies.
NHPC OFS sails through as non-retail portion subscribed 1.74 times; retail book subscribed 1.9 times
The Government of India's offer for sale (OFS) in NHPC received strong investor response, prompting the full exercise of the oversubscription option and taking the total issue size to 60.27 crore shares.
NHPC among 5 F&O stocks with a sharp rise in futures open interest
As of June 2, five stocks in the NSE F&O segment witnessed a notable surge in futures open interest, reflecting a total increase of over 10% compared to the previous trading session. The rise indicates stronger derivatives participation, with traders either initiating fresh positions or adding to existing ones, signalling heightened activity across select F&O counters.
NHPC OFS opens for retail investors today — All you need to know
The government will be exercising its green shoe option for the NHPC OFS as well, after the non-retail portion received a very strong response compared to the total shares on offer.
Adani Green Energy commissions 50 MW solar plant in Gujarat’s Khavda
Adani Green Energy has commissioned a 50 MW solar power project at Khavda in Gujarat, taking its total operational renewable energy capacity to 19,835.8 MW.
Avaada Group secures $950 million financing from consortium of global and domestic banks
Avaada Group has achieved financial closure for its Firm and Dispatchable Renewable Energy (FDRE) project in Bikaner, Rajasthan, calling it India’s largest financing transaction in the FDRE segment. The company has also secured debt financing for two 300 MW solar projects in Rajasthan and Gujarat, taking total debt sanctions across the three projects to nearly $950 million.
Adani Power, Adani Ports to Adani Total Gas: Adani group stocks tank up to 4%. Details here
Adani Group stocks fell up to 4% in Monday's trading session after the group came under scrutiny from US authorities over alleged bribery related to its renewable energy operations.
SEBI penalises Suzlon Energy and its key executives in OMS slump sale case
Besides the ₹15.95 crore on the company, SEBI also imposed penalties on key officials — ₹5.75 crore on Vinod R. Tanti, ₹5.45 crore on Girish R. Tanti, ₹1.5 crore on Kirti J. Vagadia, and ₹30 lakh on Amit Agarwal — bringing total penalties across entities and individuals to over ₹29 crore. Shares of Suzlon Energy ended 0.54% lower at ₹56.99 on the NSE today, May 29.